Wienerberger strengthens its position in the attractive Nordic façade market

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. Synergies are expected 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.

In the Nordic countries, Wienerberger currently operates two production sites in each of Denmark and Sweden, and one in Finland, employing a regional labour force of approximately 200 people. Wienerberger and the newly acquired companies generate combined revenues of € 95 mill. in this strategically important region. 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 AG
www.wienerberger.com

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