April 25, 2024

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Monier

Wienerberger Received Green Light for Tondach Acquisition

The Austrian brick producer will transfer 50% of the shares in Bramac to Monier Group and, in exchange, receive a further 25% stake in Tondach Gleinstätten plus an additional payment.

Wienerberger Raises Stake in Tondach Gleinstätten

Wienerberger transfers 50% of Bramac to Monier in exchange for an additional 25% stake in Tondach Gleinstätten AG and a cash settlement of € 40m.