EQS-News: Wienerberger AG: Wienerberger acquires energy and water management solutions provider Wideco Sweden AB

EQS-News: Wienerberger AG / Key word(s): Strategic Company Decision
   Wienerberger AG: Wienerberger acquires energy and water management
   solutions provider Wideco Sweden AB

   04.04.2023 / 09:00 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Wienerberger acquires energy and water management solutions provider
   Wideco Sweden AB

     • The acquisition of Wideco Sweden AB constitutes an ideal next step for
       Wienerberger to extend its Smart Solutions business in sustainable
       building and energy applications as well as strengthening its position
       in water management
     • Innovative sensor devices, patented solutions and real-time monitoring
       allow leakage detection for smart infrastructure and buildings

   Vienna, April 4, 2023 – With the acquisition of Wideco, a Swedish based
   technology company, Wienerberger Group is taking a further step into
   rapidly and consistently enhancing its Smart Solution offerings. Given
   Wideco’s expertise in developing innovative Internet of Things (IoT)
   solutions, Wienerberger will be able to offer enhanced Smart Solutions,
   enabling customers to increase their operational safety such as measuring,
   localizing, and preventing leaks in district heating pipelines. Wideco’s
   offering includes full solutions, covering sensor devices, IoT sensors,
   data communication and a user-friendly real-time web monitoring platform.

   “Megatrends, such as climate change, rapid population growth, and
   urbanization, call for smart, digital and ecological solutions for energy
   and water management. Within the framework of our value-enhancing
   strategy, we are starting to add smart functionality to our systems with
   the clear goal to support our customers on their journey of tackling their
   climate and resource challenges. There is a huge potential in this area,
   and we must act swiftly, especially in the interest of future
   generations," says Heimo Scheuch, Chairman of the Managing Board of
   Wienerberger.

   Presently, Wideco is primarily active in the Nordic Markets Sweden and
   Norway, with further market expansion planned. Their sensor devices are
   already distributed by partners and retailers worldwide. Wideco’s
   end-to-end solutions for energy and water management is a natural fit with
   growth areas of Wienerberger and will be a perfect addition to its recent
   acquisition of Interact, the leading business for smart water management
   in the Netherlands.  

   About Wideco
   Wideco Sweden AB is a leading IoT company that increases safety and
   efficiency in industries and buildings. The business is based in Borås,
   Sweden.  The company’s unique IoT platform for sensors in smart buildings,
   industry and cities is based on high performance serverless technology and
   integrated with 4G, LoRawan & NB-IoT communication protocols. The company
   today, with their own developed hardware monitors and protects over 40,000
   km of District Heating pipe networks and +6,000 manholes worldwide.

   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 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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   04.04.2023 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: 1600003


    
   End of News EQS News Service


   1600003  04.04.2023 CET/CEST

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