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News Kingspan acquires Steico from Schramek

Kingspan acquires Steico from Schramek

Written by Global Insulation staff
08 January 2024
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Germany: Ireland-based Kingspan completed its acquisition of flexible wood fibre insulation producer Steico for Euro250m on 5 January 2024. Alliance News has reported that Kingspan issued shares to former Steico owner, Austria-based Schramek, following its completion of the deal.

Published in Global Insulation News
Tagged under
  • Germany
  • Schramek
  • Steico
  • Kingspan
  • wood fibre
  • wood wool
  • Acquisition
  • Shares
  • shareholders

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