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Braas Monier closes acquisition of J.A. Plastindustri A/S

DGAP-News: Braas Monier Building Group S.A. / Key word(s): Mergers & Acquisitions

2016-01-05 / 11:28
The issuer is solely responsible for the content of this announcement.


Braas Monier closes acquisition of J.A. Plastindustri A/S

Luxembourg, 05 January 2016. Braas Monier today closed the acquisition of Danish J.A. Plastindustri A/S (J.A. Plast). J.A. Plast's product range covers components for roofing materials such as tiles, metal, fibre cement and asphalt shingles. It focuses on sanitary and roof space ventilation, skylights and complementary accessories such as flashings, end pieces and special vents. As a pure OEM producer, J.A. Plast has more than 40 years of experience in the production of customised roofing accessories, providing premium product quality and offers a high degree of flexibility. 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



2016-01-05 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.

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