EQS-News: Wienerberger AG / Key word(s): Strategic Company Decision
wienerberger acquires MFP in Ireland and strengthens position in key
growth markets
03.06.2025 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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wienerberger acquires MFP in Ireland and strengthens position in key
growth markets
• wienerberger enhances its position in the Irish and UK markets for
piping solutions
• Decisive step to meet growing demand for construction solutions
especially in the Irish market
Vienna, June 3, 2025 – 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 for infrastructure in water
and energy management, announced the acquisition of MFP Sales Ltd, a major
Irish provider of piping solutions, specializing in drainage, roofline and
cable ducting systems. With this next step in wienerberger’s
value-creating growth strategy, the company builds on its 2021
acquisitions of Cork Plastics in Ireland and FloPlast in the United
Kingdom, further enhancing its position in both countries. The Irish
market in particular shows significant growth potential in the
construction sector.
MFP generated revenues of around € 25 million in 2024. Without
interruption, MFP’s clients will continue to receive high-quality piping
solutions and going forward will benefit from Pipelife’s best-in-class
customer service. From now on, MFP’s manufactured product portfolio -
including drainage, ducting and PVC roofline systems (Eavemaster) - will
be manufactured exclusively at wienerberger’s state-of-the-art facility in
Cork, where highly efficient, resource-saving methods enable more
sustainable production. By consolidating all production in Cork,
wienerberger is streamlining operations to ensure greater efficiency and
sustainability and to unlock highly attractive deal synergies.
Sustainable growth through targeted acquisitions
Commenting on the transaction, Heimo Scheuch, CEO wienerberger, says:
“After a period of challenging global macroeconomic conditions, we now see
a market recovery in UK and Ireland. As wienerberger, we are in an
excellent position to meet this growth in demand as a result of our
proactive cost management and targeted acquisitions. In Ireland, the
residential construction sector in particular experiences significant
growth as government programs against the lack of affordable housing take
effect. In addition to residential construction, the infrastructure sector
also shows significant potential in Ireland as current investments in wind
parks and data centers drive demand for integrated, ecological
construction solutions. Through the acquisition of MFP, we will now play
an even bigger part in this recovery. By combining our portfolios, we can
provide a broader range of integrated construction solutions while
significantly improving our cost structure. This supports our value-driven
growth strategy and aligns with our vision to improve the lives of current
and future generations by promoting more affordable, eco-friendly, and
sustainable housing.”
About MFP Sales Ltd
MFP Sales Ltd is a major provider of quality piping solutions for the
construction industry, public utilities and local authorities established
in 1967 in Ireland. MFP Sales Ltd holds a number of registered designs and
patents. Its solutions have featured in many prestigious construction
projects of recent years and are widely used in private and public housing
developments throughout Ireland. The company has a well-established market
position and serves a range of sub-sectors and end-users across
infrastructure and in-house segments.
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. € 4.5 billion and an operating EBITDA of € 760 million in 2024.
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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03.06.2025 CET/CEST This Corporate News was distributed by EQS Group.
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: 2148572
End of News EQS News Service
2148572 03.06.2025 CET/CEST
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