Forterra, a US manufacturer of concrete pipes, iron pipes and bricks, reported financial results for the 1H16, in an amendment filed with the SEC on Monday. Additionally the company disclosed its acquisition of Bio Clean earlier this month for $30 million. It originally filed for an IPO in July 2016 with a proposed deal size of $100 million.
Forterra was founded in 1964 and booked $1.8 billion in sales for the 12 months ended June 30, 2016. The Irving, TX-based company plans to list on the Nasdaq under the symbol FRTA. Goldman Sachs, Citi and Credit Suisse are the joint bookrunners on the deal.
