Leading
building solutions manufacturer Wienerberger has announced the acquisition of
UK based BPD Holdings Limited to further expand their roof accessory offering
and complement their existing roof product portfolio in the UK and Europe.
As a
prominent producer of roof underlays, wall and construction membranes, building
ventilation systems and specialist roof products, BPD will become a centre of
excellence for innovative roofing solutions within Wienerberger.
BPD will
be tasked with developing innovative solutions designed to be implemented and
sold across the broader Wienerberger network, leveraging the combined regional
strengths and product expertise.
With a
large product offering including the Protect, Passivent, Glidevale and
Kingfisher brands, as well as a tailor-made solutions service, BPD operates two
highly advanced and efficient UK production sites in Nottinghamshire and South
Wales. BPD has over 200 employees and most recently generated annual revenues
of around £ 30 million.
Wienerberger
AG CEO Heimo Scheuch commented, “The UK is one of the strongest and most
innovative markets for roofing products, and a key growth area for us as a
business. The acquisition of BPD will strengthen our own position as a
full-range roof systems supplier thanks to their reputation for innovation and
production expertise.
"BPD’s
specialist roof accessories are a perfect fit with our existing roof portfolio
and we look forward to being able to promote them throughout the UK and
Europe.”
Wienerberger’s
growth strategy is focused on advancing its market position in the roof,
façade, wall and paver sectors, bringing building materials solutions for the
whole building envelope to the construction industry. Growth is to be generated
through innovation, new product development and selective bolt-on acquisitions.
In the UK, Wienerberger currently operates a total of 14 manufacturing plants
and employs a workforce of 1,200 people.
The
acquisition of BPD is part of the company’s growth strategy, meets its
investment criteria and contributes directly to Wienerberger’s net profit. It
has been agreed not to disclose the purchase price. The closing of the
transaction is subject to approval by the Austrian Federal Competition
Authority.
