BRIEF

on Wienerberger AG (isin : AT0000831706)

Wienerberger Acquires Czech Concrete Pavers Manufacturer

Wienerberger AG has acquired Betonarna Lesonice s.r.o., a Czech concrete pavement manufacturer. This strategic move aims to meet the rising demand for concrete paving and enhance local value creation in the Czech Republic.

The acquisition bolsters Wienerberger's position in construction and infrastructure, especially in the areas of concrete paving and sound insulation solutions. The expansion to the Czech market provides ecological benefits through reduced transport distances and supports the circular economy with recycled materials.

Heimo Scheuch, CEO of Wienerberger, highlights the acquisition as a key step in strengthening the company's presence in Eastern Europe. It aligns with the company's sustainability goals and growth strategy while upgrading its local production capabilities.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Wienerberger AG news