# ROCKWOOL Group acquires remaining shares of Flumroc AG

ROCKWOOL Group acquired the remaining shares of Swiss stone wool producer Flumroc AG, gaining full ownership. Flumroc employs about 230 people and has annual revenue of approximately CHF 67 million.

- Type: Acquisition
- Announced: 2017-11-17
- Where: Flums, Switzerland
- Status: completed
- Products: stone wool insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [ROCKWOOL Group](https://endata.com/companies/28145.md) (acquirer)
- [Flumroc AG](https://endata.com/companies/28246.md) (target)

## Sources

- [rockwool.com](https://www.rockwool.com/group/about-us/news/2017/rockwool-group-acquires-remaining-shares-in-swiss-flumroc-ag/), 2017-11-17: "ROCKWOOL Group acquires remaining shares in Swiss stone wool producer Flumroc AG."

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