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 | [email protected]

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

    

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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:      [email protected]
   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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