Braas Monier Building Group (Braas Monier) is a manufacturer of building materials for sloping roofs and roofing accessories in Europe, some Asian and South African markets. The Group's product suite includes concrete and clay roof tiles, roofing accessories for different functional aspects of pitched roofs as well as ceramic and steel chimneys and energy systems. Braas Monier is headquartered in Luxembourg. Since June 2017 Braas Monier Building Group operates under the name BMI Group .
With its own account, Braas Monier operates in 36 countries with 121 production facilities (as of December 31, 2016). In 2016, the Group generated revenues of 1,235.8 million euros. As of December 31, 2016 Braas Monier has 7,922 employees. Since June 25, 2014 Braas Monier is listed on the Main Standards on the Frankfurt Stock Exchange and listed on SDAX from 22 September 2014 to 2 February 2017. Since April 2017 the Braas Monier Building Group is part of the US Standard Industries company.
Video Braas Monier Building Group
Company structure
Board of directors
The company is headed by a one-tier board structure, comprising a Board of Directors which should consist of a minimum of three members and a maximum of ten members, to be appointed by the company's general meeting of shareholders for a maximum period of six years.
Direktur Eksekutif
- Georg HARRASSER, CEO
- Matthew Russell, CFO
Non-Executive Director
- Jean-Pierre Clavel
- Christopher Davies
- David J Millstone
- Jason I. Pollack
- John F. Rebele
- Tony Robson
- David S. Winter
Senior Management
Georg Harrasser, CEO of Matthew Russell, CFO
Maps Braas Monier Building Group
Brands and subsidiaries
Revenue by region
In 2016 Braas Monier earns revenue of 1,235.8 million euros. They are divided between the following areas:
Brand
The following international product brands are part of the Braas Monier Building Group:
Braas
Braas is a Group trademark for Germany, Poland, Russia, Switzerland and Turkey. The company's best-selling product, "Frankfurter Pfanne", is also part of the Braas brand.
Bramac
de: Bramac is a brand for the Southeastern European market. Bramac sits in Austria. In addition, Bramac has locations in the Czech Republic, Hungary, Slovakia, Romania, Bulgaria, Slovenia, Serbia, Bosnia and Herzegovina and Croatia. Since 2011, Braas Monier has 100% Bramac; before that Braas Monier and Wienerberger each held 50%.
Cobert
In 2015 Braas Monier takes over Cobert, the Spanish and Portuguese market leader for tile. Cobert currently sells tiles in more than 50 countries on five continents. In Spain and Portugal the company has seven production facilities.
Slope
Founded under the name "Vereeniging Tiles Ltd." in 1949, Coverland emerged from the merger of four tile manufacturers in 1976. The company has eight production facilities and three storages in South Africa.
Monier
The Monier brand is used in Belgium, Denmark, Estonia, Finland, France, Italy, Latvia, Lithuania, Netherlands, Norway and Sweden as well as in China, Malaysia, India and Indonesia.
Redland
Redland was founded in 1919 in England and thus represents the oldest brand in the company. The foundation also laid the foundations for the foundations of the later Braas Monier Building Group. Redland products are available in the UK and Ireland.
Schiedel
Schiedel is a producer of chimneys and European energy systems sitting in NuÃÆ'Ÿbach/Austria. The company was founded in Erbach near Ulm/Germany in 1946 and is currently present in 19 European countries. Since 1990 Schiedel is part of Braas Monier.
More Wierer
Wierer is a roofing brand in Italy. Braas Monier sells roof tiles and roofing accessories under the name Wierer. The company was founded in Kiens in South Tyrol in 1963, where the Italian Monier still has its headquarters.
Location (administration, sales, production)
Braas Monier is represented in the following countries in Europe, Africa and Asia:
Technical Center
Braas Monier operates the so-called Technical Center for research and development with locations in Heusenstamm near Frankfurt/Main, Germany, and at Crawley in South London, England, where new and existing products are being developed and tested. Here, geologists, materials scientists, chemists, physicists, product designers and engineers work together on interdisciplinary teams. Products should be tested for handling, wind loads, fire behavior, weather resistance and ventilation. Thousands of product samples are placed for routine review at the company's own weathering stations in eight countries around the world to simulate their behavior under different climates.
Wind tunnel
A wind tunnel, located at the Technical Center at Heusenstamm, is able to simulate extreme weather conditions that usually appear only every 50 years. Fan, spray nozzle, and hydraulic system to replace the roof pitch helps test the product in four weather scenarios. The test will run until a water leak from the bottom of the roof and thus the maximum load has been determined. Products that have been successfully tested - for example by Braas Germany - are issued with 30-year warranty for materials and an additional 30 years guarantee for frozen resistance.
Collaboration in external committees, associations, and organizations
Employees of the Braas Monier Technical Center are actively involved in the following committees, associations and organizations which - among others - work on the development of industry standards: the European Cold Roof Board, National Roof Contractor Federation, Research Establishment, International Organization for Standardization (ISO) IFD International Federation for Roof Trade, European Standardization Committee (CEN), British Standards, Cool Roof Board, Deutsches Institut fÃÆ'¼r Normung, National Building Building Council, Construction Products Association, lifeHEROTILE.
Products
Product category
History
Foundation
The history of the company can be traced back to 1919 when the "Redhill Tile Company" was founded in England. In November this year, the production of the first concrete roof tiles began. In 1946, the company changed its name and became "Redland Tiles". After a period of expansion between 1949 and 1951 where Redland invested in South Africa, Australia and Malaysia, the company bought the majority of Braas in Germany. The founder of Braas, de: Rudolf Braas, has had close contact with his colleagues in England for some time. Still in the same year, the parent company was built in Heusenstamm near Frankfurt/Main, Germany.
Today there are six models of "Frankfurter Pfanne" in 13 different colors and two surfaces. Today Braas Monier sells "Frankfurter Pfanne" to the whole world.
Growth and acquisition
In the early 1950s Braas Monier expanded to non-European markets for the first time by entering into South Africa, Australia and Malaysia. Further expansion into Southeast Asia and Austria followed in the late 1960s and into other European countries in the early 1970s. Market entry into Japan, Indonesia, Malaysia and the United States between 1973 and 1979 marked one of the company's strongest expansion periods. From 1993, the Group entered further markets such as Scandinavia, Baltic States, Poland and Russia. In 2001, the worldwide production network could be expanded to more than 200 factories.
Two of the major acquisitions are Schiedel (1991) and KlÃÆ'¶ber. Since 2011 Braas Monier holds a 100% Austrian company, Bramac. In January 2015, the Group announced the acquisition of Tejas Cobert (Spain) tile manufacturer and CT Cobert Telhas (Portugal). In 2015 and 2016 Braas Monier takes over the leading producer of clay tile in Malaysia, Golden Clay Industries (GCI), Italian clay tile manufacturer Ceprano Coperture S.r.l. and manufacturer of Danish roofing accessories J.A. Plastindustri S/A.
Ownership change
Redland Braas Building Group
In 1996, Redland and Braas united their tile-making activities and became the Redland Braas Building Group.
Lafarge (Braas) Roof
One year later, in 1997, Lafarge, the world's leading construction materials manufacturer, took over Redland and established a new business division, Lafarge Roofing.
Monier/Private Equity
In the summer of 2006, Lafarge began to look for strategic solutions for Lafarge Roofing to concentrate more on its core business. On February 28, 2007, Lafarge sold a majority of Lafarge Roofing for 2.4 million euros to private equity investor PAI. Partner PAI now holds 65% of the company, Lafarge 35%. On January 1, 2008, the Group changed its name from Lafarge Roofing to Monier. In July 2009, the company announced a takeover by "Senior Lenders".
Braas Monier Building Group
In 2013, the Group changed its name to the present: "Braas Monier Building Group".
Initial public offering (IPO)
When it became public, owners of the Braas Monier Building Group put 15.47 million of their holdings as well as 4.3 million new shares at a price of 24 million euros in the stock market. At the time of the initial public offering (IPO) market capitalization of about 940 million euros. Group shares are now primarily in free float form. The company was first listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange on June 25, 2014.
New ownership
On April 3, 2017, Standard Industries acquired the Braas Monier Building Group. Together with Icopal, the company for flat roof systems, Braas Monier is now BMI Group and forms part of Europe's Standard Industry group.
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References
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External links
- Braas Monier Building Group website
- Braas GmbH website
- Standard Industry Website
- BMI Group Website
Source of the article : Wikipedia
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