EQS-News: Wienerberger AG / Key word(s): Takeover/Strategic Company
Decision
wienerberger acquires Czech concrete pavers manufacturer to meet growing
demand and strengthen local value-creation
15.10.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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wienerberger acquires Czech concrete pavers manufacturer to meet growing
demand and strengthen local value-creation
• With the acquisition of Betonarna Lesonice s.r.o. wienerberger
reinforces its position in the construction and infrastructure sector
for concrete paving and innovative high-performance sound insulation
solutions
• The broadened position in the Czech Republic allows for more local
value-creation
Vienna, October 15, 2024 – wienerberger, a leading international provider
of innovative, ecological solutions for the entire building envelope, in
the fields of new build and renovation, as well as infrastructure in water
and energy management, announces the successful acquisition of the Czech
concrete pavement manufacturer Betonarna Lesonice s.r.o.
This step increases the production capacity of concrete pavers and
significantly enhances wienerberger’s presence in the Czech Republic,
creating a platform for new growth. In addition, the acquisition generates
local value-creation and yields ecological benefits due to shorter
transport routes. In addition to the production of concrete pavers, the
acquired new facilities give wienerberger the capacity to produce
innovative, high-performance sound insulation solutions for multi-family
houses. This extension of its existing portfolio enables wienerberger to
meet the growing demand in this segment of the Czech market. The advanced
sound insulation solutions enable investors to optimize the available
living space, thereby increasing its sale or rental value. The acquisition
of Betonarna Lesonice will add roughly € 10 million in revenue to
wienerberger’s business in the mid-term.
Strategic acquisition meets market demand
Heimo Scheuch, CEO wienerberger, says: “Eastern Europe has become an
increasingly important region for wienerberger. On the one hand, the
acquisition of Betonarna Lesonice, puts us in an excellent position to
meet the demand for concrete paving solutions in infrastructure and
residential construction in Czechia. On the other hand, locally produced
innovative sound insulation solutions will expand wienerberger's portfolio
and improve comfort and quality of life in new buildings. While boosting
local value-creation, this acquisition also aligns with our sustainability
goals by reducing transport distances to cut emissions. It further
supports the circular economy, as the solutions incorporate a high
percentage of recycled materials. All these factors are integral to our
value-accretive growth strategy, which has been furthered by this step.”
To date, wienerberger has been active in the Czech Republic with a
concrete pavers production plant in the city of Ledčice near the capital
Prague. This presence is now complemented by the facility of Betonarna
Lesonice in the South, allowing wienerberger to operate closer to
customers. To that end, Betonarna is a perfect fit with its location close
to major cities where housing demand is rising the most.
In 2019, the plant has been upgraded with cutting-edge production
technology. Beyond enhancing local value creation, this acquisition
significantly boosts wienerberger’s production capacity in the Czech
Republic, expanding its presence in the country’s growing construction and
infrastructure sector.
The transaction was successfully closed. The contracting parties agreed
not to disclose the purchase price.
wienerberger
wienerberger is a leading international provider of innovative, ecological
solutions for the entire building envelope, in the fields of new build and
renovation, as well as infrastructure in water and energy management. With
more than 20,000 employees worldwide, wienerberger's solutions enable
energy-efficient, healthy, climate-friendly, and affordable living.
wienerberger is the world’s largest producer of bricks and the market
leader in clay roof tiles in Europe as well as concrete pavers in Eastern
Europe. In pipe systems (ceramic and plastic pipes), the company is one of
the leading suppliers in Europe and a leading supplier of facade products
in North America. At the beginning of 2024, wienerberger successfully
completed the acquisition of Terreal, becoming the leading European
provider of innovative all-in roofing and solar solutions, as well as
solutions for the entire building envelope in Europe and North America.
With its more than 200 production sites, wienerberger generated revenues
of approx. € 4.2 billion and an operating EBITDA of € 811 million in 2023.
For further information, please contact:
Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG
t +43 664 828 31 83 | claudia.hajdinyak@wienerberger.com
Therese Jandér, Senior Vice President Investor Relations Wienerberger AG
t +43 1 601 92 - 10221 | investor@wienerberger.com
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15.10.2024 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: investor@wienerberger.com
Internet: www.wienerberger.com
ISIN: AT0000831706
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2007873
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