Etex has acquired Skamol, a Danish manufacturer of fire protection and specialty insulation materials, to enhance its market position in sustainable high-temperature insulation solutions.
Information on the Target
Skamol is a prominent Danish manufacturer specializing in fire protection and high-temperature insulation solutions. Founded in 1912 and headquartered in Aarhus, Denmark, Skamol has established itself as a leader in the industry, operating four facilities—three in Denmark and one in Poland. The company generates an estimated turnover of approximately EUR 80 million and employs over 300 individuals. Skamol’s product offerings include calcium silicate and pressed vermiculite boards, which are utilized in various applications, from industrial kilns and furnaces to residential stoves, fireplaces, and fire safety solutions for buildings.
Skamol's diverse range of applications aligns strategically with Etex's existing products and solutions, particularly in the realm of calcium silicate boards, where Etex already holds a strong market position through its Promat business. This complementary relationship enhances both companies' capabilities and market reach in high-temperature insulation technologies.
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Industry Overview in Denmark
The insulation market in Denmark has seen significant growth driven by the increasing focus on energy efficiency and sustainability. As global regulations tighten regarding energy consumption, the demand for high-performance insulati
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Revenue: $86M