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 | [email protected]

   Daniel Merl, Head of Investor Relations Wienerberger AG
   t +43 1 601 92 - 10221 | [email protected]

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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:      [email protected]
   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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