Brickworks Limited Brickworks Limited (ASX:BKW) manufactures, sells, and distributes a diverse range of building products for residential and commercial construction markets in Australia and North America. The company operates through four principal segments: Building Products Australia, which produces clay bricks and pavers (including under brands such as Austral Bricks, Australia's largest clay brick manufacturer), masonry blocks, retaining wall systems, precast concrete panels, concrete and terracotta roof tiles (via Bristile Roofing), timber battens, terracotta facades, specialized building systems, floor tiles, fiber cement walling panels and roof battens, and holds a 33% interest in the Southern Cross Cement joint venture for cement supply in Queensland; Building Products North America, which manufactures premium architectural bricks with eight active sites in the Midwest, Northeast, and Mid-Atlantic U.S. states, supported by design studios in New York, Philadelphia, and Baltimore; Property, encompassing a 50% interest in the Industrial JV Trust with Goodman Group featuring $5.0 billion in A-grade industrial assets leased to tenants including Amazon, Woolworths, and Coles; and Investments. Brickworks Limited, founded in 1934 and headquartered in Horsley Park, New South Wales, Australia, maintains 19 manufacturing sites in Australia, extensive distribution networks, and approximately 1,800 employees. In 2025, the company completed a transformative merger with Washington H. Soul Pattinson Washington H. Soul Pattinson Company to form Topco, a $9.15 billion ASX-listed entity that unwinds their longstanding cross-shareholding structure through inter-conditional schemes of arrangement, fully financed by a A$1.4 billion equity raise including a A$550 million placement.