Boral Acquires Sole Ownership of MonierLifetile LLC

July 6, 2010

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.

For more information about MonierLifetile and its concrete roof tile business, visit www.monierlifetile.com or call 1-800-571-TILE (8453).

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: newswire

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