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Announced

Completed

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

Synopsis

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.

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