Edition:
United States

Wienerberger to acquire Columbus Brick Company


Tuesday, 31 Oct 2017 02:00am EDT 

Oct 31 (Reuters) - WIENERBERGER AG ::EXPANDS BRICK BUSINESS IN THE USA.‍SIGNED AN AGREEMENT TO ACQUIRE COLUMBUS BRICK COMPANY THROUGH ITS WHOLLY OWNED SUBSIDIARY GENERAL SHALE​.‍WITH 75 EMPLOYEES, COLUMBUS BRICK COMPANY GENERATED REVENUES OF ROUGHLY USUSD 23 MILLION IN 2016​.‍AS OF DATE OF CLOSURE, TRANSACTION WILL RESULT IN A POSITIVE CONTRIBUTION TO EARNINGS​.‍IT HAS BEEN AGREED WITH CURRENT OWNERS NOT TO DISCLOSE PURCHASE PRICE​.