Wienerberger House, Vienna, Austria

Wienerberger Acquires Ohio-Based Brick Manufacturer Summitville Tiles, Inc.

  • Strategic Expansion: Wienerberger’s acquires of Summitville Tiles, specializes in brick slips for prefabricated façade systems, a niche but growing segment in the renovation sector.

Vienna, February 29, 2024 – In a significant move to expand its North American footprint, Wienerberger AG has acquired the Ohio-based brick manufacturer Summitville Tiles, Inc., a strategic initiative aligning with its global value-creating growth strategy. Summitville Tiles, Inc., established in 1912, is renowned for its specialty in producing brick slips for prefabricated façade systems, predominantly used in renovations for both residential and commercial buildings.

Market Impact and Sustainability Focus:

This acquisition is not just a growth strategy for Wienerberger but also a step towards embracing sustainable practices in the construction industry. Brick slips, used in prefabricated façade systems, are crucial for climate resilience in buildings, aligning with global efforts to enhance sustainability in construction. The increasing demand for such products underlines a shift in the industry towards more eco-friendly solutions.

Conclusion:

Wienerberger’s acquisition of Summitville Tiles, Inc. is a clear indication of the company’s strategic direction towards expansion in North America and commitment to sustainability. This move positions Wienerberger favorably in a growing market, with the potential for significant returns on investment in the years to come.

 

Wienerberger Reports Strong Results

By Lisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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