EQS-News

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. 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.