wienerberger expands its North American business and takes over local supplier Summitville Tiles, Inc. – 2024-03-01 10:04:20

by worldysnews
0 comment

Summitville Tiles is a perfect complement to wienerberger. The expansion of the resource-saving production of brick slips for prefabricated facade systems for renovation is a logical step in a growing market for innovative and ecological building materials. Prefabricated brick façade cladding solutions will play an increasingly important role in making existing buildings climate resilient, as the additional layer also provides lasting protection against increasingly common extreme weather events such as storms, hail and heavy rain. They also contribute to saving resources in terms of dematerialization and emissions, as they enable older facades to be easily renovated and repaired. With this acquisition we can offer a portfolio of holistic, ecological solutions for the entire building envelope that we need to meet the challenge of climate change and its impacts

Chairman of the Board of Wienerberger AG

Vienna (OTS)

  • The takeover of the traditional US company further advances wienerberger’s strategic goals in North America
  • Growing market for brick slips for prefabricated facade systems for renovation plays an important role in the climate resilience of buildings

With the acquisition of the Ohio-based brick manufacturer Summitville Tiles, Inc., wienerberger is expanding its activities in North America and is taking another important step in its global value-creating growth strategy. The traditional US company, founded in 1912, specializes in the production of brick slips for prefabricated facade systems for renovation in the residential and commercial sectors. A market that will grow by around 10% annually over the next five years. Summitville Tiles, Inc.’s product portfolio underscores the shift toward greater sustainability in the construction industry.

Summitville Tiles is a perfect complement to wienerberger. The expansion of the resource-saving production of brick slips for prefabricated facade systems for renovation is a logical step in a growing market for innovative and ecological building materials. Prefabricated brick façade cladding solutions will play an increasingly important role in making existing buildings climate resilient, as the additional layer also provides lasting protection against increasingly common extreme weather events such as storms, hail and heavy rain. They also contribute to saving resources in terms of dematerialization and emissions, as they enable older facades to be easily renovated and repaired. With this acquisition we can offer a portfolio of holistic, ecological solutions for the entire building envelope that we need to meet the challenge of climate change and its impacts“, says Heimo Scheuch, CEO of Wienerberger AG.

wienerberger

wienerberger is a leading provider of innovative, ecological solutions for the entire building envelope in the areas of new construction and renovation as well as for infrastructure in water and energy management. With more than 19,000 employees worldwide, wienerberger’s solutions enable energy-efficient, healthy, climate-friendly and affordable living. wienerberger is the largest brick producer in the world and market leader for clay roof tiles in Europe and for concrete paving in Eastern Europe. The company is one of the leading providers in Europe for pipe systems (stoneware and plastic pipes). With the acquisition of Meridian Brick, wienerberger has further expanded its position as a leading provider of facade products in North America. With more than 200 production locations across the group, wienerberger generated sales of around €4.2 billion and an operating EBITDA of €811 million in 2023.

Questions & 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

#wienerberger #expands #North #American #business #takes #local #supplier #Summitville #Tiles

You may also like

Leave a Comment

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: o f f i c e @byohosting.com