Hungary: Denmark-based Rockwool has concluded an agreement to acquire Ravago Building Solutions' 40,000t/yr-capacity Alsózsolca stone wool insulation plant in Borsod-Abaúj-Zemplén County. The producer says that it will use the plant to serve its domestic and Romanian markets. The parties expect to complete the deal in late 2026.
Rockwool CEO Jes Munk Hansen said "Our activities in Eastern Europe have been strong. With this acquisition, we will be further strengthening our ability to serve the regional market. We look forward to working closely with Ravago to ensure a smooth transition and to welcoming new colleagues, customers and suppliers."
