Vandersanden Group acquires Hoskins Brick
Belgian brick and pavers manufacturer, Vandersanden Group, has announced its acquisition of Hoskins Brick Limited, the company’s UK distribution partner.
Vandersanden Group manufacturers in Europe, with a total annual production capacity of approximately 370 million bricks. The company consists of Vandersanden Belgium with two factories in Spouwen and Lanklaar employing approximately 210 employees, and Vandersanden Netherlands with two factories in Hedikhuizen and Spijk, employing approximately 120 employees. There are also five members of staff working at a sales office in Northern France (Halluin).
Jean-Pierre Wuytack, chief executive officer of Vandersanden Group, said: “Our company has been active in the UK for over 20 years using Hoskins Brick as its exclusive business partner. The decision to now acquire Hoskins has been linked to several key factors. We have been keen to operate directly in the UK for some time. This, coupled with the imminent retirement of Hoskins Brick Chairman, Alan Hoskins, led to negotiations between both parties and we jointly felt it was an appropriate time to enter into an acquisition agreement.”
Both companies are family-owned with a mutual respect and hold similar values and philosophy for doing business.
The companies say they will work together to strive towards excellent results for customers, with an emphasis on honesty and integrity and the importance of maintaining a positive attitude at work.