Braas Monier Building Group Aktie
WKN DE: BMSA01 / ISIN: LU1075065190
27.11.2015 13:32:43
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DGAP-News: Braas Monier
DGAP-News: Braas Monier Building Group S.A. / Key word(s): Mergers &
Acquisitions
Braas Monier signs agreement to acquire J.A. Plastindustri A/S
27.11.2015 / 13:32
The issuer is solely responsible for the content of this announcement.
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Braas Monier signs agreement to acquire J.A. Plastindustri A/S
Luxembourg, 27 November 2015. Braas Monier signed an agreement to acquire
Danish J.A. Plastindustri A/S (J.A. Plast) on 26 November 2015. J.A.
Plast's product range covers components for roofing materials such as
tiles, metal, fibre cement and asphalt shingles. It focuses on sanitary and
roof space ventilation, skylights and complementary accessories such as
flashings, end pieces and special vents. As a pure OEM producer, J.A. Plast
has more than 40 years of experience in the production of customised
roofing accessories, providing premium product quality and offers a high
degree of flexibility. Main business geographies are Northern Europe
including the UK and Eastern Europe.
The acquisition will be financed from free cash flow and is expected to close in the new year.
"Following the acquisitions of Cobert in Spain/Portugal, Golden Clay Industries in Malaysia and selected assets in Italy, this is another important step in growing our business through our 'Top Line Growth' programme (TLG) and creating value for our shareholders", explains Pepyn Dinandt, CEO of Braas Monier Building Group.
For further information, please visit our website at www.braas-monier.com > Investor Relations > Reports & Presentations.
About Braas Monier Braas Monier Building Group is a leading manufacturer and supplier of pitched roof products in Europe, parts of Asia and South Africa. The Group covers all steps of the manufacturing process, offering a comprehensive range of concrete and clay tiles for pitched roofs and is one of the few suppliers to also manufacture and sell complementary roofing components designed to cover various functional aspects of pitched roof construction. The portfolio also includes ceramic and steel chimneys and energy system solutions. Braas Monier had operations in 37 countries and 115 production facilities and employed around 7,600 people as at 30 June 2015. The Company is headquartered in Luxembourg.
Contact Achim Schreck, Director Group Communications / Investor Relations Braas Monier Building Group
Tel: +49 6171 61 28 59 E-mail: achim.schreck@monier.com Website: www.braas-monier.com
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27.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: Braas Monier Building Group S.A. 4, rue Lou Hemmer 1748 Senningerberg Grand Duchy of Luxembourg Internet: www.braas-monier.com ISIN: LU1075065190 WKN: BMSA01 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service ---------------------------------------------------------------------------
417683 27.11.2015

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