Wienerberger to Acquire Romania-Based Brikston
With over 200 employees, Brikston generated revenues of around €16 million (approximately $18.9) in 2016.
An agreement has been reached for Wienerberger to acquire from ADM Capital its 98.3% shareholding in brick producer Brikston Construction Solutions SA. Brikston has reportedly operated successfully in the Romanian market for 50 years; the production site in Iasi (in northeast Romania) has a total capacity of around 200 million NF (standard format for brick units). The product portfolio comprises more than 40 different clay block formats for exterior and interior walls, as well as products for special outdoor applications. With over 200 employees, the company generated revenues of around €16 million (approximately $18.9) in 2016.