21.12.2015 17:38:41
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DGAP-News: Braas Monier
DGAP-News: Braas Monier Building Group S.A. / Key word(s): Mergers &
Acquisitions
Braas Monier closes acquisition of Italian clay tile manufacturer Ceprano
Coperture S.r.l.
21.12.2015 / 17:38
The issuer is solely responsible for the content of this announcement.
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Braas Monier closes acquisition of Italian clay tile manufacturer Ceprano
Coperture S.r.l.
Luxembourg, 21 December 2015. Braas Monier today closed the acquisition of
Ceprano Coperture S.r.l. (Ceprano), a manufacturer of clay roof tiles,
operating one plant in Central Italy. For 2015, Ceprano is expected
(Unaudited, pro-forma figures based on current management assumptions ) to
generate revenues of approx. EUR 9 million and an EBITDA of approx. EUR 1
million. Including substantial synergies, Management believes the
acquisition of Ceprano will contribute revenues of approx. EUR 12 million
and an EBITDA of approx. EUR 2.5 million by 2018. The total Enterprise
Value of Ceprano amounts to approx. EUR 10 million. The acquisition was
financed from free cash flow.
For further information, please visit our website at www.braas-monier.com > Investor Relations > Reports & Presentations.
About Braas Monier Braas Monier Building Group is a leading manufacturer and supplier of pitched roof products in Europe, parts of Asia and South Africa. The Group covers all steps of the manufacturing process, offering a comprehensive range of concrete and clay tiles for pitched roofs and is one of the few suppliers to also manufacture and sell complementary roofing components designed to cover various functional aspects of pitched roof construction. The portfolio also includes ceramic and steel chimneys and energy system solutions. Braas Monier had operations in 37 countries and 115 production facilities and employed around 7,600 people as at 30 June 2015. The Company is headquartered in Luxembourg.
Contact Achim Schreck, Director Group Communications / Investor Relations Braas Monier Building Group
Tel: +49 6171 61 28 59 E-mail: achim.schreck@monier.com Website: www.braas-monier.com
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21.12.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: Braas Monier Building Group S.A. 4, rue Lou Hemmer 1748 Senningerberg Grand Duchy of Luxembourg Internet: www.braas-monier.com ISIN: LU1075065190 WKN: BMSA01 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service ---------------------------------------------------------------------------
424747 21.12.2015

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