# 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.

- Type: Acquisition
- Announced: 2025-10-10
- Where: Germany, Germany
- Value: $3.30M (3.00M EUR)
- Status: announced
- Capacity: 100,000 cubic meters (existing)
- Products: foam glass
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Foamit Group](https://endata.com/companies/76447.md) (acquirer)
- [Reiling GmbH & Co. KG](https://endata.com/companies/87788.md) (partner)
- [Veriso GmbH & Co. KG](https://endata.com/companies/87789.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/foamit-oyj/r/inside-information--foamit-and-reiling-have-signed-a-letter-of-intent-for-a-joint-venture-project-in,c4248468), 2025-10-10: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.