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04.09.2020 – 11:15

Wienerberger AG

EANS-News: Wienerberger sells Swiss Subsidiary ZZ Wancor to swisspor Group

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  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is responsible for the content of this announcement.
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Strategic Management Decisions

Vienna - 04.09.2020

> Wienerberger withdraws from the Swiss market, reflecting the Group's ongoing
commitment to a continuous and disciplined process of portfolio review
> The Swiss portfolio and market position did not meet internal requirements for
further growth potential and value creation
> The proceeds from the disposal will be re-invested in Wienerberger's higher-
margin growth areas

As part of its ongoing portfolio optimization and strategic focus on higher-
margin growth markets, the Wienerberger Group is selling its Swiss subsidiary ZZ
Wancor AG to swisspor Group in the form of a share deal. ZZ Wancor employs
approximately 160 people and operates two roof tile factories, a clay block
factory and a retail business for insulation materials in Switzerland. In 2019,
ZZ Wancor generated revenues of approximately EUR 50 million.

"To achieve sustainable and profitable growth, we continuously review all our
business areas and regions as part of our ongoing commitment to portfolio
optimisation. Even though our Swiss business is doing well overall, and the roof
tile business in particular is performing strongly, we currently see better
growth opportunities in other regions and fields of business", says Heimo
Scheuch, CEO of Wienerberger Group.

Wienerberger is therefore withdrawing from the Swiss market and selling ZZ
Wancor to the renowned construction materials group swisspor. The financial
terms of the transaction are not being disclosed.

"In the swisspor Group, ZZ Wancor has a new owner who will be able to capitalise
on the potential of the business in Switzerland even more effectively given
swisspor's strong local roots and the complementarity between ZZ Wancor and
swisspor's existing platform and product portfolio", Scheuch adds.

With the sale of ZZ Wancor, Wienerberger is continuing its portfolio
optimization program and will thereby reach its target of EUR 150 million value
creation from disposals between 2018-2020. Wienerberger will use the proceeds
from the sale of ZZ Wancor to make further selective acquisitions and to roll
out innovations in high-growth segments offering higher returns.

"We continuously expand our position as a leading supplier of innovative system
solutions and act as a pioneer in the sustainable transformation of the building
materials industry. This is done by relentlessly improving our product
portfolio, rapidly integrating value-creating acquisitions and selectively
realising value from the sale of businesses.", comments Heimo Scheuch.


About swisspor Group
The swisspor Group is the leading Swiss manufacturer of technologies for the
insulation and sealing of building envelopes. The company produces a wide range
of insulation and sealing materials in 19 domestic and foreign production sites.
The swisspor Group is owned by the Swiss Alpstaeg families.


Wienerberger Group
The Wienerberger Group is a leading international provider of smart solutions
for the entire building envelope and for infrastructure. Wienerberger is the
world's largest producer of bricks (Porotherm, Terca) and the market leader in
clay roof tiles (Koramic, Tondach) in Europe as well as concrete pavers
(Semmelrock) in Central and Eastern Europe. In pipe systems (Steinzeug-Keramo
ceramic pipes and Pipelife plastic pipes), the company is one of the leading
suppliers in Europe. With its total of 201 production sites, the Wienerberger
Group generated revenues of EUR 3.5 billion and EBITDA LFL of EUR 587 million in
2019.


Wienerberger AG is a pure free float company, whereby the majority of shares
areheld by Austrian and international institutional investors.
Additionalinformation on the shareholder structure is provided under https:/ /
wienerberger.com/en/investors/share [https://wienerberger.com/en/investors/
share]



Further inquiry note:
Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG
t +43 664 828 31 83| claudia.hajdinyak@wienerberger.com

Anna Maria Grausgruber, Head of Investor Relations Wienerberger AG
t +43 1 601 92 - 10221 | investor@wienerberger.com

end of announcement                         euro adhoc
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issuer:       Wienerberger AG
              Wienerbergerplatz 1
              A-1100 Wien
phone:        +43 1 60 192-0
FAX:          +43 1 60 192-10159
mail:      office@wienerberger.com
WWW:       www.wienerberger.com
ISIN:         AT0000831706, AT0000A2GLA0
indexes:      ATX
stockmarkets: Wien
language:     English