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Wienerberger Expands into North America with Acquisition of Summitville Tiles, Inc.
Wienerberger announces the acquisition of Summitville Tiles, Inc., an American company based in Ohio and specialized in the production of brick slips intended for prefabricated facades for renovations. Founded in 1912, this renowned company aligns with Wienerberger's strategic goals in North America and highlights the Austrian company's commitment to sustainability in the construction industry.
This operation is an important lever for Wienerberger's growth, allowing the company to position itself advantageously in the North American market for ecological and innovative building materials. According to Wienerberger, the market for brick slips for renovations is expected to grow annually by around 10% over the next five years. Furthermore, this acquisition strengthens Wienerberger's proposition as a provider of holistic solutions for the building envelope in the face of climate change.
Heimo Scheuch, President of Wienerberger AG, highlighted the complementarity of Summitville Tiles with his company's vision and goals. By integrating the production of these materials, Wienerberger intends to offer prefabricated facade solutions that contribute to the climate resilience of existing buildings, while reducing the resources required for their renovation.
R. P.
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