===
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
2024-05-14 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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  
2024-05-14 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com  
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
===
1901489 2024-05-14 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1901489&application_name=news

END) Dow Jones Newswires

May 14, 2024 02:30 ET (06:30 GMT)