Insulation industry news from Global Insulation
Rockwool acquires Wetherby Building Systems 25 October 2024
UK: Denmark-based Rockwool has acquired external thermal insulation composite systems producer Wetherby Building Systems. Reuters has reported that the newly acquired company will now operate as part of Rockwool Wall Systems, under the name Wetherby Wall Systems. The integration parallels that of previous Rockwool acquisitions in other markets, like Fast Wall Systems in Poland and Heck Wall Systems in Germany.
Rockwool CEO Jes Munk Hansen said “The share of stone wool insulation in the Wetherby business has been growing steadily, and we will be completing this transition to a fully stone wool-based portfolio, as we have done in other markets in the past.” He added that this will advance Rockwool’s transformation of the construction sector towards non-combustible façades.
Wetherby Building Systems managing director Bob Deane said “There is a long-standing relationship between Wetherby and Rockwool, and the match is strong on all significant drivers.”