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Corporate News
10.05.2017

Voting results Annual General Meeting of Braas Monier

Luxembourg, 10 May 2017. All items on the agenda of today’s Annual General Meeting of Braas Monier Building Group S.A. were agreed. The resolutions of the agenda were passed with the following voting results: Approval of the stand-alone annual accounts of the Company ...[more]

Corporate News
09.05.2017

Braas Monier announces results of the Change of Control Offer for BMBG Bond Finance S.C.A.’s 3% Senior Secured Notes due 2021

Luxembourg, May 9, 2017. On April 10, 2017, BMBG Bond Finance S.C.A. (the “Issuer”), commenced an offer to purchase for cash any and all of its outstanding 3% Senior Secured Notes due 2021 (Common Codes: 143258599 (Reg S) / 143258629 (144A) and ISINs: XS1432585997 (Reg S) / XS1432586292 (144A)) (the “Notes”) pursuant to a change of control offer (the “Change of Control Offer”). ...[more]

Corporate News
10.04.2017

Change of Control Offer to Purchase BMBG Bond Finance S.C.A.’s 3% Senior Secured Notes due 2021

Luxembourg, April 10, 2017. Braas Monier Building Group S.A. (“Braas Monier”) today announced that its subsidiary, BMBG Bond Finance S.C.A. (the “Issuer”), is offering to purchase for cash any and all of the Issuer’s outstanding 3% Senior Secured Notes due 2021 (Common Codes: 143258599 (Reg S) / 143258629 (144A) and ISINs: XS1432585997 (Reg S) / XS1432586292 (144A)) (the “Notes”), on the terms set forth in the offer to purchase dated April 10, 2017 (the “Offer to Purchase”) ...[more]

Corporate News
03.04.2017

Change in the Board of Directors at Braas Monier Building Group S.A.

Luxembourg, 3 April 2017. With effect as of today, the composition of the Board of Directors of Braas Monier Building Group will be adapted to the new shareholder structure following the closing of Standard Industries takeover offer for Braas Monier today. ...[more]

Corporate News
03.04.2017

Standard Industries Completes Acquisition of Braas Monier to Form Global Roofing Leader

Future management team comprised of top leadership from both Braas Monier and Icopal. The combined Icopal and Braas Monier business will operate under the name “BMI Group” ...[more]

Corporate News
31.03.2017

Braas Monier presents its Annual Report 2016

Operating performance 2016 - Goal set for profitable growth in 2017 ...[more]

Corporate News
28.12.2016

Publication of Supplementary Opinion in response to Standard Industries’ Offer Amendment published 20 December 2016

Luxembourg, 28 December 2016. The Board of Directors of Braas Monier Building Group S.A. (the “Board”) today publishes its supplementary opinion in response to Standard Industries’ offer amendment published 20 December 2016. The Board is very pleased that a mutual agreement has been reached which is favourable for all stakeholders. ...[more]

Corporate News
20.12.2016

Implementation of Capital Increase from Reserves and Declaration of Interim Dividend

Luxembourg, 20 December 2016. In accordance with the Business Combination Agreement signed by Braas Monier Building Group S.A. ("Braas Monier"), Standard Industries, Inc. and Marsella Holdings S.à r.l. (together the “Parties”) on 18 December 2016 and following the agreed settlement of the litigation in Luxembourg by the Parties yesterday, the Board of Directors (the "Board") of Braas Monier today approved a resolution to issue 3,916,666 new ordinary bearer shares with a par value of EUR 0.01 each and carrying dividend rights as from 1 January 2016 (the "New Shares") from a capital increase by incorporation of reserves making use of the authorized share capital of Braas Monier. ...[more]

Corporate News
18.12.2016

Braas Monier and Standard Industries Agree to Amended Offer and Sign Business Combination Agreement

LUXEMBOURG and NEW YORK, NY, 18 December 2016. Braas Monier Building Group S.A. ("Braas Monier"), Marsella Holdings S.à r.l. and Standard Industries Inc. (together, "Standard Industries") are pleased to announce an amended offer (the "amended Offer") which the Board of Directors of Braas Monier (the "Board") fully supports and which it will unanimously recommend shareholders of Braas Monier to accept. ...[more]

Corporate News
14.12.2016

Luxembourg court hearing in connection with Standard Industries preliminary injunction

Luxembourg, 14 December 2016. The Board of Directors of Braas Monier Building Group S.A. (the “Board”) announces that the relevant Luxembourg court has this morning held an extraordinary hearing to consider Braas Monier’s submission that the preliminary injunction issued on 5 December 2016 should be withdrawn. ...[more]

Corporate News
12.12.2016

Braas Monier acquires a concrete tile plant in Finland

Luxembourg, 12 December 2016. Braas Monier end of last week acquired A-Tiilikate (A-Tiilikate OY), a privately owned manufacturer of concrete roof tiles, operating one plant near Helsinki, Finland. ...[more]

Corporate News
12.12.2016

Luxembourg court hearing date update in connection with Standard Industries preliminary injunction

Luxembourg, 12 December 2016. The Board of Directors of Braas Monier Building Group S.A. (the “Board”) announces that the date for the extraordinary hearing with the relevant Luxembourg court, to consider Braas Monier’s submission that the preliminary injunction issued on 5 December 2016 should be withdrawn, has been changed due to procedural reasons from Monday 12 December to Wednesday 14 December. ...[more]

Corporate News
07.12.2016

Luxembourg court hearing date in connection with Standard Industries' preliminary injunction

Luxembourg, 07 December 2016. The Board of Directors of Braas Monier Building Group S.A. (the “Board”) announces that, upon the application of Braas Monier, the relevant Luxembourg court has ordered an extraordinary hearing for Monday morning, 12 December 2016, to consider Braas Monier’s submission that the preliminary injunction issued on 5 December 2016 should be withdrawn ...[more]

Corporate News
29.11.2016

Braas Monier Board authorises a 10% capital increase from reserves and an interim dividend

Luxembourg, 29 November 2016. The Board of Directors of Braas Monier Building Group S.A. (the “Board”) today resolved that it will implement a capital increase from reserves by issuing 3,916,666 new shares to its shareholders, in a ratio of one new share for every ten shares currently held. ...[more]

Corporate News
28.11.2016

Braas Monier closes acquisition of a concrete tile plant in Romania

Luxembourg, 28 November 2016. Braas Monier today closed the acquisition of a concrete tile plant in Craiova, Romania, whose products will be sold under the brand name of Getica in the future. ...[more]

Corporate News
09.11.2016

Braas Monier appoints Georg Harrasser as CEO, completing the envisaged internal succession plan

Luxembourg, 9 November 2016. Braas Monier Building Group, a leading global manufacturer and supplier of pitched roof products, chimneys and energy systems, announced today that Georg Harrasser, Chief Operating Officer (COO) of Braas Monier, has been appointed Chief Executive Officer (CEO) with immediate effect. ...[more]

Corporate News
02.11.2016

Braas Monier publishes full Interim Management Statement for Q3 and 9M 2016

Luxembourg, 2 November 2016. Following its trading update released last Friday, Braas Monier Building Group S.A. publishes the full Interim Management Statement for the third quarter and the first nine months 2016 on its website today. ...[more]

Corporate News
28.10.2016

Publication of Reasoned Opinion in response to Standard Industries' Offer Document published 14 October 2016

Luxembourg, 28 October 2016. The Board of Directors of Braas Monier today publishes its Reasoned Opinion in response to Standard Industries’ Offer Document published 14 October 2016. ...[more]

Corporate News
14.10.2016

Response to Standard Industries’ Offer Document dated 14 October 2016

Luxembourg, 14 October 2016. Today, Standard Industries published its offer document in relation to the public takeover offer for all outstanding shares in Braas Monier Building Group S.A. ("Braas Monier") for a cash consideration of EUR 25 per share. ...[more]

Corporate News
28.09.2016

Response to Standard Industries' Letter dated 25 September 2016

Standard Industries’ 25 September 2016 letter questioned the validity of certain information included in Braas Monier’s 23 September 2016 letter. ...[more]

Corporate News
26.09.2016

Response to Standard Industries' Letter dated 25 September 2016

The Board of Braas Monier notes the Standard Industries Letter dated 25 September 2016. The Board does not accept Standard Industries’ assertion that the Letter to Shareholders of 23 September “contains a number of misleading statements and outright falsehoods” and will respond to the Standard Industries Letter in due course ...[more]

Corporate News
23.09.2016

Four Clear Reasons to REJECT the Unsolicited Offer from Standard Industries

On 15 September 2016, Standard Industries Inc. ("Standard Industries"), a private US corporation, announced its intention to launch a takeover offer for Braas Monier Building Group S.A. ("Braas Monier") for a cash consideration of EUR 25 per share (the "Offer"). ...[more]

Corporate News
15.09.2016

Braas Monier rejects the unsolicited offer by Standard Industries

On 15 September 2016, Standard Industries announced its intention to launch a voluntary public takeover offer for all outstanding shares in Braas Monier Building Group S.A. ("Braas Monier") ...[more]

Corporate News
05.09.2016

Braas Monier signs agreement to acquire concrete tile plant in Romania

Luxembourg, 5 September 2016. Braas Monier today signed an agreement to acquire a concrete tileplant in Craiova, Romania, whose products will be sold under the brand name of Getica (Getica) inthe future ...[more]

Corporate News
03.08.2016

Braas Monier in Q2 2016 with positive earnings development in an uneven environment

Luxembourg, 3 August 2016. Braas Monier today published its results for the first half year and the second quarter 2016 ...[more]

Corporate News
29.07.2016

Braas Monier closes acquisition of Ontop B.V.

Luxembourg, 29 July 2016. Yesterday Braas Monier closed the acquisition of Ontop B.V., a well-established European manufacturer of stainless steel flue systems, with end-product applications ranging from industrial bakery ovens, diesel and gas engines, boilers, fire places and stoves ...[more]

Corporate News
21.07.2016

Braas Monier signs agreement to acquire Ontop B.V.

Luxembourg, 21 July 2016. Braas Monier today signed an agreement to acquire Ontop B.V., a well-established European manufacturer of stainless steel flue systems with end-product applications ranging from industrial bakery ovens, diesel and gas engines, boilers, fire places and stoves ...[more]

Corporate News
15.06.2016

Braas Monier Building Group S.A. announces completion of refinancing

Luxembourg, 15 June 2016. Braas Monier Building Group S.A. (“Braas Monier”) announced that it has completed its refinancing, including the issuance of €435.0 million Senior Secured Notes with a coupon of 3.00% per annum and a new Revolving Credit Facility of €200.0 million ...[more]

Corporate News
08.06.2016

Braas Monier Building Group S.A. announces pricing of €435 million 3.00% senior secured notes due 2021

Luxembourg, 8 June 2016. Braas Monier Building Group S.A.
(“Braas Monier”) announced that its subsidiary, BMBG Bond Finance S.C.A. (the “Issuer”), has today priced an offering of €435.0 million senior ...[more]

Corporate News
06.06.2016

Braas Monier Building Group S.A. announces offering of €435 million senior secured notes due 2021

Luxemburg, 6 June 2016. Braas Monier Building Group S.A. announced today that its subsidiary, BMBG Bond Finance S.C.A. (the “Issuer”), intends to offer (the “Offering”) €435.0 million aggregate principal amount of senior secured notes due 2021 ...[more]

Corporate News
01.06.2016

Braas Monier acquires concrete tile plant in South Africa

Braas Monier yesterday acquired a concrete tile plant in South Africa, operating under the brand name of Technicrete and ultimately owned by Infrastructure Specialist Group Proprietary Ltd ...[more]

Corporate News
11.05.2016

Braas Monier further strengthens industry experience in its Board of Directors

Substantial majorities for the proposals put forward by the Management at the Annual General Meeting ...[more]

Corporate News
03.05.2016

Braas Monier with solid start into the year based on growing European tile volumes

The first quarter 2016 has shown a solid start into the year for Braas Monier. The Company’s European tile volumes grew by 3.5% on a like-for-like basis, continuing the positive trend that started in the second quarter of 2015 ...[more]

Trade Press
20.04.2016

100 Prozent wasserdicht ummantelt – Monier präsentiert neuartiges Ummantelungsmaterial WrapTec auf IEX

Auf der diesjährigen IEX, der Insulation Expo Europe (vormals ISO) vom 11. bis 12. Mai in Köln, Stand 237/Halle 8, präsentiert Monier Roofing Components WrapTec: ein neuartiges, 100 Prozent wasserdichtes Material für die Ummantelung von gedämmten Heizungs-, Lüftungs- und Klimatechnik-Systemen (HLK) ...[more]

Corporate News
31.03.2016

Braas Monier presents its Annual Report 2015

Strong operating performance 2015
Operating EBITDA, Net income and ROIC increased for the third consecutive yearOperating Cash Flow almost doubled to EUR 121.9 million (2014: EUR 65.4 million)Pro-forma net leverage of 1.7 times ...[more]

Corporate News
02.03.2016

Braas Monier with revenue and earnings growth driven by increasing European tile volumes and value-accretive M&A

Strong operating performance 2015 (All numbers on a preliminary basis. Audited full year financial report to be published on 31 March 2016.)
Operating EBITDA, net income and ROIC increased for the third consecutive yearOperating ...[more]

Corporate News
12.01.2016

Board of Directors of Braas Monier decides on internal solution for CEO succession

Pierre-Marie De Leener, Chairman of the Board of Directors, appointed interim
Chief Executive Officer (CEO) // Georg Harrasser, Regional President Central, Northern & Eastern Europe, appointed new Chief Operating Officer (COO) ...[more]

Corporate News
05.01.2016

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 ...[more]

Corporate News
21.12.2015

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 expected1  to ...[more]

Corporate News
08.12.2015

Braas Monier signs agreement to acquire Italian clay tile manufacturer

Active step to consolidate the local clay roof tile market in ItalySignificant improvement of supply and presence in Central and Southern Italy Adding further cross-selling potential for roofing components
Braas Monier ...[more]

Corporate News
27.11.2015

Braas Monier signs agreement to acquire J.A. Plastindustri A/S

Braas Monier signed an agreement to acquire Danish J.A. Plastindustri A/S (J.A. Plast) on 26 November 2015. J.A. Plast’s product range covers components for roofing materials such as tiles, metal, fibre cement and asphalt ...[more]

Corporate News
04.11.2015

Braas Monier with positive European volume trend in the third quarter and value-accretive bolt-on acquisitions

European tile volumes increased Q3 2015 by approx. 11% (like-for-like up approx. 1%) despite declines in France and ItalyDifficult third quarter in Asia with particularly strong volume declines in ChinaQ3 2015 revenues of EUR ...[more]

Corporate News
19.10.2015

Braas Monier closes acquisition of Golden Clay Industries, leader in clay tiles in Malaysia

Luxembourg, 19 October 2015.
Braas Monier closed on 16 October 2015 the acquisition of Golden Clay Industries Sdn Bhd (GCI), leader in Malaysia for manufacturing and supplying clay roof tiles and fittings and being one of only ...[more]

Corporate News
10.08.2015

Pepyn Dinandt to resign in June 2016 as Executive Director and CEO of Braas Monier Building Group S.A.

Luxembourg, 10 August 2015
Pepyn Dinandt (53), Executive Director and CEO of Braas Monier Building Group S.A., has informed the company that he does not intend to seek a renewal of his appointment as Group CEO, expiring 30 June ...[more]

Corporate News
05.08.2015

Braas Monier with positive European volume trend in the second quarter confirming full year revenue expectation

Highlights of the first six months and outlook for 2015 ...[more]

Corporate News
13.05.2015

Substantial majorities for the proposals put forward by the Management at the Annual General Meeting and the Extraordinary General Meeting

Luxembourg, 13 May 2015. All items on the agenda of both General Meetings of Braas Monier Building Group S.A. held on 13 May 2015 at the Chambre de Commerce, 7, rue Alcide de Gasperi, in Luxembourg were agreed with a substantial ...[more]

Corporate News
06.05.2015

Promising start 2015 for Braas Monier with stable revenues, strong EBITDA and significantly improved net result in Q1

Highlights of the first three months and outlook for 2015 ...[more]

Corporate News
10.04.2015

Braas Monier signs agreement to acquire Golden Clay Industries (GCI), leader in clay tiles in Malaysia

Further strengthening of existing market leading position in MalaysiaCompelling strategic position will deliver sizeable synergies Attractive and technologically advanced export platform to serve other Asia Pacific addressable ...[more]

Corporate News
31.03.2015

Braas Monier presents its Annual Report 2014

- Excellent operating performance 2014
- Course set for healthy growth in 2015 ...[more]

Corporate News
03.03.2015

After a successful year 2014, Braas Monier with a strong focus on innovation and above-market growth against the backdrop of a more positive 2015 market environment

Excellent operating performance 2014Significant increase in Operating EBITDA by 23.3% to EUR 195.4 millionStrong EBITDA margin improvement from 13.0% to 16.1%Positive Net Profit of EUR 39.8 million, an increase of more than EUR ...[more]

Corporate News
26.01.2015

Change in the Board of Directors at Braas Monier Building Group S.A.

With effect from today, Joseph Knoll (York Capital Management) resigned from his mandate as Non-Executive Director of Braas Monier Building Group S.A. on his own accord. Mr Knoll was appointed member of the Board of Directors of ...[more]

Corporate News
14.01.2015

Braas Monier closes acquisition of market leader in roof tiles in Spain and Portugal

Braas Monier today closed the acquisition of Tejas Cobert (Spain) and CT Cobert Telhas (Portugal), market leader in the Iberian Peninsula for manufacturing and supplying clay and concrete roof tiles and fittings. For 2013, Tejas ...[more]

Corporate News
17.12.2014

Change in the Board of Directors at Braas Monier Building Group S.A.

With effect from today, Gilles Vanel (BNP Paribas) resigned from his mandate as Non-Executive Director of Braas Monier Building Group S.A. on his own accord. Mr Vanel was appointed member of the Board of Directors of Braas Monier ...[more]

Trade Press
17.12.2014

Braas Monier introducing innovative sealing application for insulated heating and ventilation pipes

With "WrapTec", Braas Monier has developed a new, innovative sealing application for typical insulated heating, ventilation and air condition (HVAC) systems. WrapTec is based on Braas Monier’s Wakaflex technology, a lead free ...[more]

Corporate News
04.11.2014

Braas Monier achieves sustainable profitability increase in first nine months of 2014

Highlights of the first nine months and outlook for 2014
9M revenues of EUR 908 million are up slightly by 0.3% compared to the previous year, despite a generally weaker market Significant 28% increase in Operating EBITDA ...[more]

Corporate News
03.11.2014

Braas Monier signs agreement to acquire market leader in roof tiles in Spain and Portugal

- Iberian markets with clear above-average revenues and earnings growth potential
- Existing export know-how opens further opportunities for the Group
- Components business offers sizeable Group synergies ...[more]

Corporate News
04.09.2014

Braas Monier Building Group S.A. to be listed in SDAX Stock Market Index

Braas Monier Building Group S.A. will move to the German small-cap segment of Deutsche Börse SDAX only two months after the successful IPO ...[more]

Corporate News
05.08.2014

Braas Monier with excellent operating performance in the first half of 2014

Highlights first half-year and Outlook
Transformational capital market transactions
Refinancing in April 2014Initial Public Offering in June 2014
 Excellent operating performance in first-half 2014
Solid revenue growth ...[more]