EQS-News: Wienerberger AG: Wienerberger acquires Norwegian water management specialist QPS AS
EQS-News: Wienerberger AG / Key word(s): Takeover
Wienerberger AG: Wienerberger acquires Norwegian water management
specialist QPS AS
14.11.2022 / 09:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Wienerberger acquires Norwegian water management specialist QPS AS
• Wienerberger further strengthens its position as a leading provider of
complete solutions for water management in Northern Europe
• Innovative solutions developed by QPS complement Wienerberger’s
portfolio of smart systems for water management
• Expanding our footprint in the highly attractive infrastructure
renovation markets and opening up new business opportunities in energy
transition
Vienna, November 14, 2022 – With the acquisition of QPS AS, Wienerberger
is strengthening its market position for water management in the Nordics.
QPS provides solutions for infrastructure pumping stations in Norway,
offering complete solutions with a prefabrication degree of up to 100 per
cent: customer-specific design, engineering, and assembly, all on a
one-stop-shop basis. This acquisition is yet another step in
Wienerberger’s strategic development into a full-range system provider for
water management, extending the company’s footprint in the Nordic market.
In this segment, Wienerberger supplies a comprehensive portfolio of
innovative system solutions for sustainable and efficient water
management, which is now broadened through the addition of a complete
range of infrastructure pumping stations. In addition, Wienerberger is
stepping into a new business opportunity with QPS related to energy
transition: systems for seawater based heating and cooling applications,
providing renewable energy sources for sustainable living.
“Developing and marketing smart solutions is at the very core of our
strategy. As the market leader, Wienerberger provides the full range of
hardware solutions, i.e. pipes and fittings, for the water and sewage
infrastructure. In recent years, we transformed these infrastructure
networks into smart systems and are now providing comprehensive solutions
for municipal water management and agriculture. Water is one of the most
important natural resources. Climate change, rapid population growth, and
urbanization call for new solutions for sustainable water management”,
says Heimo Scheuch, CEO of Wienerberger.
About QPS AS
QPS AS – based in Rinnleiret/Norway – is specializing in water management
solutions. The company provides pump systems for three application areas:
municipal water supply and waste water disposal, aquaculture and
industrial as well as energy applications, such as the design and
installation of seawater systems for heating and cooling. In 2021, the
company generated revenues of NOK 41.7 million (approx. EUR 4.0 million).
Its complete solutions for infrastructure pumping stations are designed,
prefabricated and assembled on the basis of specific customer
requirements. Find an insight into the innovative system solutions
[1]here.
The contracting parties agreed not to disclose the purchase price.
Wienerberger Group
The Wienerberger Group is a leading international provider of smart
solutions for the entire building envelope and for infrastructure.
Wienerberger is the world’s largest producer of bricks (Porotherm, Terca)
and the market leader in clay roof tiles (Koramic, Tondach) in Europe as
well as concrete pavers (Semmelrock) in Eastern Europe. In pipe systems
(Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company
is one of the leading suppliers in Europe. By acquiring Meridian Brick,
Wienerberger further strengthened its position as a leading supplier of
facade products in North America. With its total of 216 production sites,
the Wienerberger Group generated revenues of € 4.0 billion and EBITDA LFL
of € 671 million in 2021.
For further information, please contact:
Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG
t +43 664 828 31 83 | claudia.hajdinyak@wienerberger.com
Daniel Merl, Head of Investor Relations Wienerberger AG
t +43 1 601 92 – 10221 | investor@wienerberger.com
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14.11.2022 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com
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Language: English
Company: Wienerberger AG
Wienerbergerplatz 1
1100 Wien
Austria
Phone: +43 1 60 192-0
Fax: +43 1 60 192-10159
E-mail: office@wienerberger.com
Internet: www.wienerberger.com
ISIN: AT0000831706
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1484725
End of News EQS News Service
1484725 14.11.2022 CET/CEST
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