Insulation industry news from Global Insulation

Denmark: Belgium-based Etex has completed its acquisition of Skamol, a producer of calcium silicate and vermiculite high-temperature insulation systems.

Etex's head of passive fire protection and high-performance insulation Tanguy Vanderborght said "We warmly welcome Skamol and its 300 teammates within Etex. Joining forces with them strengthens Etex’s position and will accelerate our growth in the high temperature insulation market where we already are a key player with Promat. With our combined expertise in complementary technologies, we will gain scale to extend our geographic reach and expand our offering to our combined customer base.”

Denmark: Etex has concluded a deal to acquire insulation systems producer Skamol. Skamol's products include ceramic insulation and boards made with moler, vermiculite or calcium silicate. The company operates three plants in Denmark and one in Poland. It is headquartered in Aarhus, Denmark, and employs 300 people globally.