Announced
Financials
Tags
Pending
bricks
Majority
United States
Private
Private Equity
Acquisition
Friendly
Building Materials: Other
Cross Border
Single Bidder
Synopsis
Wienerberger, an Austrian brick manufacturer, agreed to acquire Meridian Brick business from Lone Star-backed Boral, an Australian building materials maker, for $250m. “Since forming the bricks joint venture in the US with Lone Star in 2016, the plan was to ultimately prepare the business for sale,” Zlatko Todorcevski, Boral Chief Executive Officer.
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