Wienerberger to acquire Terreal businesses in France, Italy, Spain, USA and Creaton in Germany

Wienerberger AG signed an agreement to acquire Terreal's businesses in France, Italy, Spain, the USA and Creaton in Germany for an enterprise value of €600 million. The deal is expected to close by end of 2023 or beginning of 2024.

“The intended acquisition marks a significant step in Wienerberger's value-driven growth strategy.”eqs-news.com

• 3 sources
• eqs-news.comWienerberger AG: Wienerberger intends to acquire significant part of Terreal Group's business | Ad-hoc - EQS NewsDec 20, 2022
• ceramicworldweb.comWienerberger to acquire part of Terreal’s business for €600 million | Ceramic World WebJan 10, 2023
• advant-beiten.comADVANT Beiten Advises Wienerberger on acquiring significant part of French Terreal Group’s business | ADVANT BeitenChiara-Lucia PeterhammerJan 10, 2023

Summarized from public sources; check the original articles before acting on it.