Boral Acquires Sole Ownership of MonierLifetile

by bkrigbaum@solagroup.com


text


ROSWELL, Ga. — July 6
/PRNewswire/ —
Boral USA, through one of its subsidiaries, has
acquired sole ownership of MonierLifetile LLC from the MONIER Group, whose
principal place of business is located in Germany. Boral USA is a subsidiary of Boral Limited,
headquartered in Sydney,
Australia
, and
prior to this acquisition owned a 50% interest in MonierLifetile. Headquartered
in Irvine, Calif., MonierLifetile is the largest
manufacturer of premium-quality concrete roof tile in the country.

 

This acquisition, when combined
with Boral’s existing U.S. tile clay roof tile business,
will be part of the U.S. Boral Roofing division. Boral will be the largest
manufacturer of both clay and concrete roof products in the U.S.

 

About
MonierLifetile:

Based in Irvine, Calif.,
MonierLifetile is the leading U.S. manufacturer of premium concrete
roof tiles utilizing green technologies in an effort to help save energy, and
reduce waste and pollution. MonierLifetile has 12 manufacturing plants and
service offices throughout the U.S., and a plant in Guadalajara, Mexico.

 

About Boral USA:

Boral employs approximately 1,500
people at more than 140 operating and distribution sites across the
United
States
. The U.S. operations include the country’s largest
brick manufacturer, the largest clay roof tile manufacturer, one of the largest
fly ash suppliers, and the group holds strong positions in the Denver and Oklahoma City construction materials markets.

 

Source: Boral USA

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