Etex buys Superglass

Building materials manufacturer Etex has bought UK insulation producer Superglass.

Superglass Insulation has 200 employees and operates a factory in Stirling, Scotland.

The aquisition will expand Etex’s activities in the UK and complement the European sales and production network of its insulation division, which includes glass mineral wool and extruded polystyrene manufacturer URSA.

Etex’s Insulation division will now consist of 11 plants across Europe, over 1,500 employees and two brands: Superglass and URSA.

Etex offers a variety of products and solutions such as Siniat plasterboards, Cedral fibre cement sidings and slates, Eternit fibre cement corrugated sheets, Promat passive fire protection and high temperature insulation, and EOS lightweight steel construction.

Bernard Delvaux, CEO of Etex says: “Etex has a clear focus to be the most innovative and sustainable global lightweight building material manufacturer. Joining forces with Superglass today is a great step forward on our growth path in insulation, just one year after we acquired URSA. The need for energy efficient and sustainable buildings is crucial, and Superglass and URSA are a perfect answer for it.”

Jochen Friedrichs, Head of the Insulation division at Etex adds: “Superglass’ growth over the past decade and its team’s commitment to customer service and sustainability is impressive and complements perfectly the Etex portfolio in the UK as well as our insulation footprint in Europe via URSA. We are delighted to welcome Superglass to the Etex team. The organisation will become a new market area and the first one outside continental Europe for the Insulation division.”

The UK activities will be led by Theresa McLean as General Manager UK. She says: “Etex provides the perfect home for Superglass, joining a strong portfolio of lightweight building brands. Itsheritage and reputation in Europe and beyond, as well as its commitment to sustainability, provide a strong growth platform for our business, which continues to perform very well.”

Theresa McLean new CEO of Superglass

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

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