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ots Ad hoc-Service: Wienerberger Baustoffind. <AT0000831706> Wienerberger expands with bricks to cover Northern Europe

Vienna (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
Wienerberger expands with bricks
to cover Northern Europe
Wienerberger Baustoffindustrie AG has signed a "Letter of Intent"
to purchase the brick business of Optiroc Group AB, a member company
of the German Heidelberger Zement Group. This acquisition covers
Optiroc's entire brick division with two facing brick plants each in
Denmark, Sweden and Finland, one plant each in Norway and Estonia,
and a lintel plant in Sweden. The transaction will total roughly EUR
60 million, and is scheduled to take effect in January 2001.
With capacity of nearly 240 million Waalformat (1.85 WF = 1 NF),
the Optiroc Group is the leading brick producer in the Nordic
countries. The Group is market leader in Finland, Norway, Sweden and
Estonia. It has also gained a strong position on the key Danish
facing brick market and operates a strategically interesting sales
company in Great Britain. With a total of 380 employees, the Optiroc
brick division generated sales of EUR 54 million in 1999.
The acquisition of this business will provide Wienerberger with an
optimal basis for further expansion in Denmark, a classic brick
country, and also in the relatively closed markets of Finland, Norway
and Sweden. The brick plant in Estonia is located roughly 200 km from
St. Petersburg and is therefore an interesting starting point for
future market entry in Russia. The Optiroc sales company in Great
Britain has sold facing bricks made by the Wienerberger Terca
subsidiary and other associated companies in Denmark and Estonia for
a number of years and is therefore a strategically interesting
platform for expansion in Europe's most important facing brick
market.
For additional information contact: Thomas Melzer, Investor
Relations Officer Tel.: +43 (1) 60192-471 (463) E-Mail: 
investor@wienerberger.com

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