14.05.2024 08:30:40 - dpa-AFX: EQS-News: wienerberger acquires GrainPlastics, a leading provider of drainage and cable protection solutions in the Netherlands (english)

wienerberger acquires GrainPlastics, a leading provider of drainage and
cable protection solutions in the Netherlands

EQS-News: Wienerberger AG / Key word(s): Takeover/Strategic Company Decision
wienerberger acquires GrainPlastics, a leading provider of drainage and
cable protection solutions in the Netherlands

14.05.2024 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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wienerberger acquires GrainPlastics, a leading provider of drainage and
cable protection solutions in the Netherlands

  * With its new production sites in Leeuwarden and Hoogeveen (NL)
    wienerberger broadens its range of solutions for water and energy
    management


  * Acquisition of GrainPlastics enhances value creation in the Region West
    in line with wienerberger's growth strategy


  * New sustainable solutions increase wienerberger's share of recycled
    material for pipes in the Netherlands by around 65%


Vienna, May 14, 2024 - wienerberger, one of the world's leading providers of
innovative, ecological solutions for the entire building envelope, in the
fields of new buildings and renovations, as well as infrastructure in water
and energy management, announces the successful acquisition of piping
specialist GrainPlastics. By acquiring the Dutch Company, wienerberger
strengthens its position in the piping segment in the Netherlands and the
entire Region West. Alongside the production of piping solutions for water
management in the fields of agriculture, irrigation and public
infrastructure, cable protection solutions represent a highly attractive
growth opportunity due to significant public investment programs to drive
the green energy transition of the Netherlands. The company mainly services
smaller cable protection contractors, which perfectly complements and
diversifies wienerberger's existing customer portfolio. The additional
capacity of GrainPlastics and its market access will allow wienerberger to
develop into an even stronger player and to fully capitalize on this growing
market segment with an enhanced value proposition.

Expediting ambitious ESG targets with respect to utilization of recycled
materials

Commenting on the transaction, Heimo Scheuch, CEO wienerberger says:
"Sustainability has always been an integral part of wienerberger's corporate
strategy, as we provide sustainable solutions for housing construction,
energy-efficient renovation, as well as water and energy management. On this
path, we are taking our next steps by further reducing emissions, expanding
circularity and fostering biodiversity while also increasing our revenue
from products that support net zero buildings and managing waste and water
with even greater efficiency. With this acquisition wienerberger will
immediately increase its share of recycled pipe content in the Netherlands
from currently 9% to approx. 15%. Meeting our ambitious goals, we will not
only continuously improve people's quality of life but are also proactively
part of the solution when it comes to tackling climate change and its
effects."

In recent years, wienerberger's piping activities in the Region West have
been subject to significant development and investments to implement and
drive the strategic vision: Since 2020 wienerberger has allocated more than
EUR 400 million to piping related growth initiatives and M&A projects in this
region to complete and further advance the strategic transformation.

Today, wienerberger's piping activities offer holistic system solutions as
an answer to the increasing demand for smart water management resulting from
climate change and increasing urbanization, as well as the rising need for
cable protection solutions to upgrade electricity networks to allow for
uninterrupted supply of energy and facilitate the ongoing energy transition.
In addition, solutions for irrigation, drainage and rainwater management
enable a controlled flow of water from agricultural and sealed surfaces into
the ground or for immediate re-use.

Details of the transaction

The transaction was successfully closed on May 8, 2024. The contracting
parties agreed not to disclose the purchase price.

About GrainPlastics

GrainPlastics, located in the North-East of the Netherlands, is a leading
player in the drainage and cable protection markets in the Netherlands, a
specialist in the production of corrugated plastic piping solutions for
agricultural and irrigation purposes as well as high-density polyethylene
(HDPE) pipes for infrastructure and industrial applications. The company
operates two production sites in Leeuwarden and Hoogeveen in the North-East
of the country. With a workforce of about 80 employees GrainPlastics
generated revenues of approx. EUR 30 million in 2023.

wienerberger
wienerberger is a leading international provider of innovative, ecological
solutions for the entire building envelope, in the fields of new buildings
and renovations, 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. By acquiring Meridian Brick, wienerberger
further strengthened its position as a leading supplier of facade products
in North America. With its more than 200 production sites, wienerberger
generated revenues of approx. EUR 4.2 billion and an operating EBITDA of EUR 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

Investor Relations Wienerberger AG
t +43 1 601 92 - 10221 | investor@wienerberger.com


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14.05.2024 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:    1901489




End of News EQS News Service
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1901489 14.05.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
WIENERBERGER 852894 Frankfurt 34,120 18.06.24 09:09:14 ±0,000 ±0,00% 0,000 0,000 34,060 34,120

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