.
MergerLinks Header Logo

New Deal


Announced

Completed

Wienerberger completed the acquisition of Terreal from Park Square Capital and Goldman Sachs Asset Management for €785m.

Financials

Edit Data
Transaction Value£684m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

clay building materials

Private

France

Building Materials: Other

Majority

Private Equity

Single Bidder

Acquisition

Cross Border

Friendly

Completed

Synopsis

Edit

Wienerberger, an Austrian brick maker, completed the acquisition of Terreal, a manufacturer of such building products as ceramic roof tiles, wall claddings, facades, and structural material, from Park Square Capital, a private debt firm, and Goldman Sachs Asset Management, a investment manager, for €785m. "Renovating and refurbishment of the European building stock is an essential step on the path toward climate neutrality and an important contribution to the creation of sustainable and affordable housing. With the acquisition of Terreal, wienerberger positions itself as the European pitched-roof expert capable of integrating solar, rainwater, and additional solutions, including accessories and insulation material, and thus establishing a strong platform for further growth," Heimo Scheuch, Wienerberger CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US