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News Armacell International acquires OneFlex

Armacell International acquires OneFlex

Written by Global Insulation staff
06 February 2015
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Turkey/Luxembourg: Armacell International SA, a Luxembourg-based provider of insulation foams for the equipment insulation market, has acquired OneFlex, a Turkey-based manufacturer of insulation materials for building technology. OneFlex generated a revenue of US$11.2m in 2014. The acquisition will allow Armacell to strengthen its production capabilities and position in Turkey and to expand its footprint across the regions of Middle East, Africa and South-eastern Europe.

Published in Global Insulation News
Tagged under
  • Turkey
  • Armacell International
  • OneFlex
  • Luxembourg
  • Acquisition
  • Insulation

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