Deal Snapshot
General Shale Closes Acquisition of Meridian Brick
Monday 11 October 2021

Austrian building materials group Wienerberger AG's US-based General Shale subsidiary has completed the acquisition of US-based brickmaker Meridian Brick from Australian building materials producer Boral and an affiliate of US-based private equity firm Lone Star Funds, the group said.

The USD 250m deal was announced last December. The relevant antitrust authority, the US Department of Justice, has granted its approval for the transaction subject to conditions that will be fulfilled by General Shale. According to the US Department of Justice, these conditions will include divestitures.

Date Published: 11/10/2021