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News Knauf Insulation to buy glass wool plant in Romania from Gecsat

Knauf Insulation to buy glass wool plant in Romania from Gecsat

Written by Global Insulation staff
27 January 2022
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Romania: Belgium-based Knauf Insulation has agreed to acquire the Târnăveni glass wool plant from Gecsat for an undisclosed sum.

Dominique Bossan, the group chief executive officer of Knauf Insulation, said “The Romanian acquisition will support Knauf Insulation’s growth ambitions and add extra capacity to meet increasing demand for our solutions across the Eastern European and Commonwealth of Independent States (CIS) regions.” He added that the company plans to upgrade the plant after the acquisition has been completed.

Last modified on 09 February 2022
Published in Global Insulation News
Tagged under
  • Romania
  • Knauf Insulation
  • Acquisition
  • Plant
  • Glass Wool
  • Mineral Wool
  • Gecsat
  • Belgium
  • GGM47

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