Sycomore Corporate Finance acted as financial advisor to Wienerberger as part of its acquisition of Terreal, a leading European supplier of innovative roof and solar solutions
Founded more than 150 years ago, Terreal is a company headquartered in France with international operations specializing in roof, solar, wall, and façade products, selling well-known brands including Creaton, San Marco, Ludowici and GSE Intégration. Alongside applications in the construction of new buildings, Terreal’s broad range of innovative and sustainable solutions is primarily designed for the renovation market.
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 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 216 production sites, the Wienerberger Group generated revenues of €4.0 billion and EBITDA LFL of €671 million in 2021.