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Live Company acquires Bright Bricks for £8.5m

Friday, 5th October 2018
Events organiser Live Company Group said it had acquired brick statue builder Bright Bricks for £8.5m.

To help fund the deal it also launched a share issue to raise around £3.0m.

New shares in the company would be placed at 65p each.

Live Company said it would combine Bright Bricks with its BrickLive business, which runs shows using Lego as an educational tool.

'The group through BrickLive, has created a global brick-based brand, whilst Bright Bricks is one of the world's premier brick model building companies,' executive chairman David Ciclitira said.

'With the combination of the businesses, the directors believe Live Company Group will be one of the most significant brick-based companies in the world.'


At 2:04pm: (LON:LVCG) Live Company Group Plc share price was +1p at 70.5p



Story provided by StockMarketWire.com

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