- Acquisition of Salzburger Ziegelwerk GmbH & Co.
- Strengthening of market position in western region of Austria
Vienna, November 23, 2007 - Wienerberger Ziegelindustrie GmbH, the
Austrian operating subsidiary of Wienerberger AG, the world's largest
producer of bricks and the number two in clay roof tiles in Europe,
will acquire Salzburger Ziegelwerk GmbH & Co. (SZW) as of December 1,
2007. This company operates a hollow brick plant in Oberndorf,
roughly 15 km north of Salzburg, with an annual production capacity
of 60 million NF (= standard format for bricks). During the 2006/2007
financial year, Salzburger Ziegelwerk GmbH & Co. generated revenues
of approx. ¤ 4.7 million with 22 employees. The parties have agreed
not to reveal any information on the price of this transaction.
Acquisition as part of profitable growth strategy
"The acquisition of Salzburger Ziegelwerk GmbH & Co. will allow us to
strengthen our market position in the western region of Austria and
improve the earning power of our subsidiary. This takeover
illustrates our strategy for the pursuit of profitable growth
projects and represents part of our bolt-on program, which is
expected to total at least ¤ 260 million in 2007", explained Johann
Windisch, member of the Managing Board of Wienerberger AG and
responsible for the Central-East Europe segment.
For additional information contact:
Karin Hofmann, Public Relations
T +43(1)60192-463 | communication@wienerberger.com
Download the press release from: www.wienerberger.com
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Wienerberger AG
Wienerbergstraße 11 Vienna Austria
ISIN:
AT0000831706; Index: WBI;
Listed: Prime Market in Wiener Boerse AG;
