Wienerberger Plans Full Takeover of Semmelrock International

Industrials › Basic Resources ♦ Published: October 29, 2010; 14:46 ♦ (Vindobona)

The purchase of the remaining 25% stake in Semmelrock International has been announced today. Wienerberger regards the acquisition as a “logical step”.

Wienerberger Plans Full Takeover of Semmelrock International / Picture: © Wienerberger

Wienerberger AG today announced the acquisition of the remaining 25% stake in Semmelrock International, the leading supplier of exclusive concrete pavers in Austria and Central and Eastern Europe. Wienerberger has held a 75% stake in the company since 1996, while the remaining shares are owned by private foundations which have now decided to sell their holdings. With plants in Austria,…

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