Wienerberger Acquires Ohio-Based Summitville Tiles, Expands US Presence
North America: Wienerberger has expanded its North American operations by acquiring Summitville Tiles, an Ohio-based brick and tile manufacturer established in 1912. This acquisition aligns with Wienerberger’s global growth strategy, as the company expects the market for prefabricated façade systems for residential and commercial renovations to grow by 10% annually over the next five years. Summitville Tiles’ product portfolio highlights the construction industry's shift toward sustainability. Heimo Scheuch, CEO of Wienerberger AG, said, “Solutions for prefabricated brick façade cladding will play an increasingly important role in making existing buildings climate-resistant, as the additional layer also provides lasting protection against the increasingly frequent extreme weather events.” This acquisition will allow Wienerberger to broaden its range of innovative and environmentally friendly building solutions, focusing on the renovation segment.
Source: Ceramic World Web