Wienerberger to acquire Vargon.

Wienerberger, a supplier of building materials and infrastructure solutions, agreed to acquire Vargon, a provider of in-house solutions for water applications and water discharge systems. Financial terms were not disclosed. “The acquisition of the family-run Vargon business enables us to further strengthen our position as a partner for the entire building envelope in Europe. This is entirely in line with our sustainable growth strategy focused on innovation and local value creation. In Vargon, we have found a partner whose corporate culture, like Wienerberger’s, is based on respect and trust,” Heimo Scheuch, Wienerberger CEO.