BUILDING MANUFACTURER, Wienerberger has announced the acquisition of UK-based BPD Holdings Limited (BPD) to further expand its roof accessory offering and complement its existing roof product portfolio in the UK and Europe.
As a producer of roof underlays, wall and construction membranes, building ventilation systems and specialist roof products, BPD will become a centre of excellence for innovative roofing solutions within Wienerberger, says the company. BPD will be tasked with developing innovative solutions designed to be implemented and sold across the broader Wienerberger network, leveraging the combined regional strengths and product expertise.
With a large product offering including the Protect, Passivent, Glidevale and Kingfisher brands, as well as a tailor-made solutions service, BPD operates two UK production sites in Nottinghamshire and South Wales. BPD has over 200 employees and most recently generated annual revenues of around £ 30 million.
Wienerberger CEO Heimo Scheuch commented, “The UK is one of the strongest and most innovative markets for roofing products, and a key growth area for us as a business. The acquisition of BPD will strengthen our own position as a full-range roof systems supplier thanks to their reputation for innovation and production expertise. BPD’s specialist roof accessories are a perfect fit with our existing roof portfolio and we look forward to being able to promote them throughout the UK and Europe.”
Wienerberger’s growth strategy is focused on advancing its market position in the roof, façade, wall and paver sectors, bringing building materials solutions for the whole building envelope to the construction industry. Growth is to be generated through innovation, new product development and selective bolt-on acquisitions. In the UK, Wienerberger currently operates 14 manufacturing plants and employs a workforce of 1,200.
The acquisition of BPD is part of the company’s growth strategy, meets its investment criteria and contributes directly to Wienerberger’s net profit. It has been agreed not to disclose the purchase price. The closing of the transaction is subject to approval by the Austrian Federal Competition Authority.