EQS-News: Wienerberger AG: Wienerberger AG: Wienerberger grows portfolio for façade solutions in Northern Europe
EQS-News: Wienerberger AG / Key word(s): Strategic Company Decision
Wienerberger AG: Wienerberger AG: Wienerberger grows portfolio for façade
solutions in Northern Europe (news with additional features)
27.02.2023 / 13:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Wienerberger grows portfolio for façade solutions in Northern Europe
• Acquisitions of Komproment ApS and Strøjer Group complement
Wienerberger’s customer offering in the Nordics and provide
opportunity for growth in the area of sustainable façade solutions
• Both transactions are fully in line with Wienerberger’s value-creative
growth strategy
• Wienerberger continues to focus on innovative, sustainable solutions
that provide benefits in both renovation and new builds
Vienna, February 27, 2023 – The Wienerberger Group, a leading supplier of
sustainable building materials and infrastructure solutions, is pleased to
announce two recent acquisitions in Northern Europe: Komproment ApS and
Strøjer Group. Both businesses provide sustainable façade solutions and
will add approx. €50 million in revenue and 131 new colleagues at two
locations to Wienerberger’s business.
Heimo Scheuch, CEO of Wienerberger AG explained, “The two acquisitions
mark the next step in Wienerberger’s bolt-on acquisition strategy,
reinforcing our position as a supplier of complete façade solutions in
Northern Europe. Komproment ApS and Strøjer Group are both excellent
companies with sustainable product portfolios for the new build and
renovation markets and will enable us to strengthen our presence in the
field of ecological and sustainable construction in the region. The
Nordics are an attractive area for investment with high disposable
incomes, stable business frameworks and ambitious ESG agendas. Their
addition enhances our own portfolio and expands our offer of full-range
solutions for our customers from the building envelope to infrastructure
and creates a strong industrial platform.”
Strøjer Group is a highly respected family business with roots dating back
to the 1850s, with a great company culture based on values very much
compatible with Wienerberger. The company adds a well-invested and
state-of-the-art facing brick plant to Wienerberger’s production network,
strategically located in an area with ample and further growing
availability of green energy in the form of biogas. The factory is already
today among the most energy efficient facing brick plants and will play an
important role in Wienerberger’s strategy for decarbonization of our
production network in the Nordics. Next to facing bricks, the company is
also producing customized prefabricated lintels and brick slips for the
Scandinavian markets – both of which are growing applications especially
within urban high-rise construction.
The transaction with Komproment brings Wienerberger exposure into the
growing application of ventilated facade systems. Komproment acts as a
system supplier on the market, offering its façade elements together with
technical sub-construction (fixation system) as well as all required
documentation, drawings, and calculations. Besides offering a large
portfolio of façade solutions in natural materials (natural slate,
ceramics, clay, terracotta, concrete), the company is also pioneering
applications such as building-integrated photovoltaics and green facades.
These systems will substantially widen Wienerberger’s product offering
towards architects and planners but also address requirements of
construction companies when it comes to easiness to install and high speed
of construction.
The acquisition of Komproment ApS was closed in February 2023, while the
acquisition of Strøjer Group is subject to customary closing conditions
and is expected to close in Q2 2023.
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 approx. €5.0 billion and
EBITDA of €1 billion in 2022.
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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Additional features:
File: [1]Kornets Hus ©Reiulf Ramstad Arkitekter
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27.02.2023 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: 1569099
End of News EQS News Service
1569099 27.02.2023 CET/CEST
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