wienerberger successfully closes acquisition of Terreal [Yahoo! Finance]
WIENERBERGER BSTOFF S/ADR (WBRBY)
NASDAQ:AMEX Investor Relations:
wienerberger.com/investor-relations
Company Research
Source: Yahoo! Finance
Expansion of business in renovation and refurbishment market with great growth potential VIENNA March 1, 2024 /CNW/ -- wienerberger, one of the world's leading provider of innovative and ecological solutions for the entire building envelope in new build and renovation, as well as infrastructure for water and energy management, communicates the successful closing of the largest acquisition in the company's history. With all conditions imposed as a prerequisite for the approval of the deal duly fulfilled, the takeover of Terreal's business in France Italy Spain , and the USA , as well as Creaton in Germany , was successfully closed. Terreal: A successful European provider of products for roof repair and renovation wienerberger expects the acquisition to generate additional annual revenues of approximately € 740 million. The combined pitched-roof business is projected to add up to a total roof surface of about 75 million square meters covered per year. The transaction comprises 29 p
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