Foamit to acquire majority stake in Veriso, build new foam glass factory in Germany

Foamit has signed a letter of intent to acquire a majority stake in Veriso, a subsidiary of Reiling, for an initial investment of EUR 3 million. The joint venture includes two existing foam glass facilities and a new factory to be built in Germany.

“Foamit will negotiate for the acquisition of a majority stake in Veriso GmbH & Co. KG, a subsidiary of the German circular economy company Reiling, which specialises in the manufacturing of foam glass.”news.cision.com

• 1 source
• news.cision.comInside information: Foamit and Reiling have signed a letter of intent for a joint venture project in Germany - Foamit OyjOct 10, 2025

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