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Ibstock is to create 50 new jobs at its brick manufacturing plant in Leicestershire, as part of a new 18,000 sq m production facility due to open in 2017.

Ibstock Brick has won approval to build a new brick making plant at its site in Leicestershire by February 2017.

Ibstock Brick is seeking permission for a £40m brick factory at its site in Leicestershire, with the creation of 50 jobs.

Ibstock is selling its 76% stake in Caima Ceramica e Servicos, the Portuguese building products company, to two CGS directors for £22m.

Ibstock has bought Redland's UK bricks business for £160m, giving it 35% of the market.