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30.09.2019 – 10:00

Wienerberger AG

EANS-News: Wienerberger AG strengthens its position in the Nordic countries

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Company Information

Vienna - - Value-creating growth step in the Nordic facade market
- Wienerberger acquires two brick producers and the distributor Egernsund, one
of the most recognized brick brands in Denmark
- Focus on growth in the Nordic facade business

Wienerberger has strengthened its market position in the attractive Nordic
facade market through value-creating acquisitions. Wienerberger has acquired
Vesterled and Helligsø, two brick producers with a long-standing tradition in
the Nordic countries operating highly efficient production sites in Denmark.
Moreover, Wienerberger has acquired Egernsund, the distributor of one of the
most recognized brick brands in Denmark. Commenting on the most recent
acquisitions, Heimo Scheuch, CEO of Wienerberger Group, said "With these
acquisitions, we are taking a significant step toward further growth and
strengthening our position in the Nordic facade market. We are enhancing our
portfolio through innovative solutions and by expanding our distribution
platform we further improve our services for our customers. As a result, we are
creating the best possible foundations for continued profitable growth in the
region by offering innovative and sustainable facade solutions." Synergies are
expected to be generated in distribution, production and administration.

Vesterled operates a highly efficient production site for facing bricks and
ceramic accessories at Sønderborg in southern Denmark. Helligsø has a production
site in Northern Jutland in the north of the country. The product portfolios of
the two producers comprise innovative, high-quality facing bricks and ceramic
accessories for residential construction as well as commercial and public
building projects. The products are marketed via Egernsund, a distribution
company operating under one of the most-recognized brick brands in Denmark and
which ideally complements Wienerberger's existing market presence.

Wienerberger currently operates two production sites in each of Denmark and
Sweden, and one in Finland, employing a regional labor force of approximately
200. Wienerberger and the newly acquired companies generate combined revenues of
EUR 95 million in this strategically important region. By strengthening its
position in the Nordic facade market, Wienerberger ensures that a satisfactory
level of profitability will be achieved on a sustainable basis.

The acquisitions are part of a value-creating growth strategy, meet
Wienerberger's investment criteria, and directly contribute to the Group's net
profit. The contracting parties have agreed not to disclose the purchase price.
The closing of the transaction is subject to approval by the German Federal
Cartel Office.

Wienerberger Group
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 Central and Eastern Europe. In pipe systems
(Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company is one
of the leading suppliers in Europe. With its total of 195 production sites, the
Wienerberger Group generated revenues of EUR 3.3 billion and EBITDA of EUR 470
million in 2018.

Wienerberger AG is a pure free float company, whereby the majority of shares are
held by Austrian and international institutional investors. Additional
information on the shareholder structure is provided under https://
wienerberger.com/en/investors/share [https://wienerberger.com/en/investors/
share]







Further inquiry note:
Barbara Grohs, Head of Corporate Communications Wienerberger AG 
t +43 664 828 31 39 | Barbara.Grohs@wienerberger.com

Klaus Ofner, Head of Investor Relations Wienerberger AG
t +43 1 601 92 - 10221 | investor@wienerberger.com 

end of announcement                         euro adhoc
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issuer:       Wienerberger AG
              Wienerbergerstraße 11
              A-1100 Wien
phone:        +43 1 60 192-0
FAX:          +43 1 60 192-10159
mail:      office@wienerberger.at
WWW:       www.wienerberger.at
ISIN:         AT0000831706
indexes:      ATX
stockmarkets: Wien
language:     English
 

Original content of: Wienerberger AG, transmitted by news aktuell