building group s.a. type soci t anonyme isin lu1075065190 industry building materials founded 2009 headquarters luxembourg key people pierre marie de leener ceo and chairman of the board of directors revenue 1 256.7 million euros 2015 number of employees 7 735 2015 website www.braas monier.com braas monier building group braas monier is a manufacturer of building materials for pitched roofs as well as roofing accessories in europe some asian markets and south africa . the group s product range includes concrete and clay roof tiles roofing accessories for the different functional aspects of pitched roofs as well as ceramic and steel chimneys and energy systems . braas monier is headquartered in luxembourg . by its own account braas monier has operations in 36 countries with 118 production facilities as of 31 december 2015 . in 2015 the group generated revenues of 1 256.7 million euros . 1 in 2015 braas monier had 7 735 employees . since 25 june 2014 braas monier is listed on the prime standard at the frankfurt stock exchange and listed on the sdax since 22 september 2014 . contents 1 corporate structure 1.1 board of directors 1.2 senior management 2 brands and subsidiaries 2.1 revenues by region 2.2 brands 2.3 locations administration sales production 3 technical centre 3.1 wind tunnel 3.2 collaboration in external committees associations and organisations 4 products 4.1 product categories 4.2 revenues by product category 5 history 5.1 foundation 5.2 frankfurter pfanne 5.3 growth and acquisitions 5.4 ownership changes 5.4.1 redland braas building group 5.4.2 lafarge braas roofing 5.4.3 monier private equity 5.4.4 braas monier building group 5.4.5 initial public offering ipo 6 external links 7 references corporate structure edit board of directors edit the company is led by a one tier board structure consisting of a board of directors which must be composed of a minimum of three members and a maximum of ten members to be appointed by the general meeting of shareholders of the company for a maximum term of six years . executive director pierre marie de leener chairman non executive directors francis carpenter jean pierre clavel christopher davies guy harles werner paschke emmanuelle picard senior management edit pierre marie de leener ceo georg harrasser coo matthew russell cfo brands and subsidiaries edit revenues by region edit braas monier building group revenues by region 2015 in 2015 braas monier generated revenues of 1 256.7 million euros . those were divided up between the regions as follows region revenues in % germany 26 uk 13 france 10 asia & africa 10 nordic & baltic 10 italy 6 other europe 25 brands edit the following international product brands are part of braas monier building group braas braas is the group s brand for germany poland russia switzerland and turkey . the bestselling product of the company the frankfurter pfanne is also part of the braas brand . bramac de bramac is the brand for the southeast european markets . bramac is seated in austria . in addition bramac has locations in czech republic hungary slovakia romania bulgaria slovenia serbia bosnia and herzegovina and croatia . since 2011 braas monier owns 100 % of bramac ; before that braas monier and wienerberger each held 50 % . 2 cobert in 2015 braas monier took over cobert the spanish and portuguese market leader for roof tiles . currently cobert is selling roof tiles in over 50 countries on five continents . in spain and portugal the company has seven production facilities . 3 coverland founded under the name vereeniging tiles ltd. in 1949 coverland 4 emerged from the merger of four roof tile manufacturers in 1976 . the company has eight production facilities and three storage sites in south africa . monier the brand monier is being used in belgium denmark estonia finland france italy latvia lithuania the netherlands norway and sweden as well as in china malaysia india and indonesia . redland redland 5 was founded in 1919 in the uk and thus represents the oldest brand within the company . its foundation also lays the basis for the foundation of the later braas monier building group . redland products are available in the uk and ireland . schiedel schiedel is a european manufacturer of chimneys and energy systems seated in nu bach 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 . wierer wierer 6 is a roofing brand in italy . braas monier is selling roof tiles as well as roofing accessories under the name wierer . the company was founded in kiens in south tyrol in 1963 where monier italy still has its headquarters . locations administration sales production edit braas monier is represented in the following countries in europe africa and asia overview of braas monier building group locations albania belgium bosnia herzegovina bulgaria china germany denmark estonia finland france uk italy india indonesia croatia latvia lithuania malaysia netherlands norway austria poland portugal rumania russia sweden switzerland serbia slovakia slovenia spain south africa czech republic turkey hungary ukraine technical centre edit braas monier operates a so called technical centre for 7 research and development with locations in heusenstamm near frankfurt main germany and in crawley in the south of london uk where new and existing products are being developed and tested . here geologists material scientists chemists physics product designers and engineers work together in interdisciplinary teams . products are subject to tests for handling wind load fire behaviour weather resistance and ventilation . thousands of product samples are placed for regular review in the company s own weathering stations in eight countries all over the world in order to simulate their behaviour under different climates . wind tunnel edit wind tunnel at the technical centre in heusenstamm a wind tunnel located at the technical centre in heusenstamm is able to simulate extreme weather conditions which typically arise only every 50 years . fans sprinkling nozzles and a hydraulic system for changing the roof pitch help to test the products in four weather scenarios . tests will be run until water leaks from the bottom of the roof and thus the maximum load has been determined . 8 products which have been tested successfully are for instance by braas germany being issued with a 30 year guarantee for the material and an additional 30 year guarantee for frost resistance . 9 collaboration in external committees associations and organisations edit employees of braas monier s technical centre are actively involved in the following committees associations and organisations which among others work on the development of industry standards european cool roofs council 10 national federation of roofing contractors 11 building research establishment international organization for standardisation iso ifd international federation for the roofing trade 12 european committee for standardization cen british standards cool roof rating council 13 deutsches institut f r normung national house building council construction products association lifeherotile . products edit product categories edit timbered house with braas clay tile granat 13 in oberaula germany roof tiles concrete tiles and clay tiles for the pitched roof roof accessories ridge and hip underlays roof outlets snow and safety systems gutters valleys windows abutments eaves fixings insulation solar thermal and photovoltaic systems jacketing for hvac systems wraptec 14 15 is an innovative material for the jacketing of hvac heating ventilation and air conditioning systems chimneys and energy systems ceramic chimneys steel chimneys fireplaces ventilation systems revenues by product category edit in 2015 braas monier building group generated revenues of 1 256.7 million euros . these are divided over the product categories as follows revenues by product category in 2015 product category revenues in % concrete tiles 39.8 clay tiles 23.6 roof accessories 21.4 chimneys & energy systems 13.8 others 1.4 history edit foundation edit rudolf h. braas the history of the company can be traced back to 1919 when the redhill tile company was founded in the uk . in november of this year production of the first concrete roof tiles started . in 1946 the company changed its name and became redland tiles . after an expansion period between 1949 and 1951 in which redland invested in south africa australia and malaysia the company bought the majority of braas in germany . braas founder de rudolf braas had already had closed contacts with his british colleagues for some time . still in the same year the company s parent plant was built in heusenstamm near frankfurt main germany . frankfurter pfanne edit advertisement for frankfurter pfanne from the 1950s the frankfurter pfanne on roofs in france from its market entry in 1954 until now the frankfurter pfanne english double roman has been the most laid concrete tile model in germany . 16 the main ingredients of a concrete roof tile are sand concrete water and colour pigments on an iron oxide basis . from the beginning braas gave a 30 year guarantee on the materials of the frankfurter pfanne and was thus the first manufacturer in germany to give long term guarantees on building materials . 17 in 1958 four years after market entry the word and figurative mark frankfurter pfanne was registered with the patent office . today there are six models of the frankfurter pfanne in 13 different colours and two surfaces . today braas monier is selling the frankfurter pfanne all over the world . growth and acquisitions edit in the early 1950s braas monier expanded into non european markets for the first time by going into south africa australia and malaysia . further expansion to southeast asia and austria followed in the late 1960s and to other european countries at the beginning of the 1970s . the market entries into japan indonesia malaysia and the usa between 1973 and 1979 marked one of the strongest expansion periods of the company . from 1993 the group entered further markets like scandinavia the baltic states poland and russia . in 2001 the worldwide production network could be expanded to over 200 plants . two of the major acquisitions were schiedel 1991 and kl ber . since 2011 braas monier holds 100 % of the austrian company bramac . in january 2015 the group announced the acquisition of roof tile manufacturers tejas cobert spain and ct cobert telhas portugal . in 2015 and 2016 braas monier took over the leading manufacturer of clay roof tiles in malaysia golden clay industries gci the italian clay roof tile manufacturer ceprano coperture s.r.l. and the danish manufacturer of roof accessories j.a. plastindustri s a. ownership changes edit redland braas building group edit in 1996 redland and braas united their roof tile manufacturing activities and became redland braas building group . 18 lafarge braas roofing edit one year later in 1997 lafarge a leading worldwide manufacturer of construction materials took over redland and established a new business division lafarge roofing . 19 monier private equity edit in summer 2006 lafarge started to look for strategic solutions for lafarge roofing in order to concentrate more on its core business . on 28 february 2007 lafarge sold the majority of lafarge roofing for 2.4 million euros to private equity investor pai partners . pai partners now held 65 % of the company lafarge 35 % . on 1 january 2008 the group changed its name from lafarge roofing to monier . in july 2009 the company announced its being taken over by its senior lenders . braas monier building group edit in 2013 the group changed its name to its present one braas monier building group . initial public offering ipo edit when going public the owners of braas monier building group placed 15.47 million of their holding as well as 4.3 million new shares at a price of 24 million euros on the capital markets . at the time of the initial public offering ipo the market capitalisation was around 940 million euros . the group s shares are now mainly