Company News
Wienerberger is continuing the pursuit of its growth strategy on the French facing brick market with the acquisition of more than 50% of the shares in Briqueterie Bar Frères. The Bar company with its plant in Flines Les Raches near the Belgian border represents an ideal geographical addition for Wienerberger, which already operates two facing brick plants in this region. Bar generated revenues of roughly 5 million euro in 2006 with 40 employees. The parties have agreed not to disclose any information on the purchase price for this transaction.
Start of operations at hollow brick plant near Paris
Wienerberger has also strengthened its French activities through the recent start-up of a hollow brick plant in the greater Paris area. Production at the Angervilliers plant was converted from facing bricks to hollow bricks in order to more efficiently meet the steadily growing demand for hollow bricks in the regions with high residential construction activities surrounding Paris, which include Ile de France, Normandy, Pays de la Loire and Picardy. Investments amounting to 15 million euro are planned.
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