Wienerberger acquires brick company in the USA
With this move, Wienerberger broadens its market footprint in the Northeastern US regions of New York, New Jersey, Maryland and Pennsylvania and in Canada.
Watsontown Brick operates a modern and highly efficient production site with four manufacturing lines and a production capacity of 92 million standard brick units. The company has about 50 employees and looks back on a history of 110 years, which makes it one of the oldest and most traditional US producers of bricks for residential and commercial applications.
It has been agreed not to disclose the purchase price.
Heimo Scheuch, CEO Wienerberger AG: “We are pursuing a strategy of active market consolidation in the USA. By swiftly integrating Watsontown Brick into our existing US platform, we will drive the optimization of the company’s performance in terms of costs and products. As we see enormous potential in our US business, we intend to continue on our growth path in this region in the years to come.”
Wienerberger AG
www.wienerberger.com
