# C-biotech and HempFlax acquire hemp insulation factory from Kingspan

C-biotech, a subsidiary of Cordeel Group, together with HempFlax Group, is acquiring a German production site for hemp insulation materials in Nördlingen from Kingspan. The activities will be continued in a new joint venture called C-HempFlax Building Solutions GmbH, retroactively as of November 1, 2025.

- Type: Acquisition
- Announced: 2021-08-23
- Where: Nördlingen, Germany
- Status: announced
- Products: hemp insulation materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Kingspan Group](https://endata.com/companies/20737.md) (partner)
- [C-biotech](https://endata.com/companies/57249.md) (acquirer)
- [HempFlax Group](https://endata.com/companies/57250.md) (acquirer)
- [Cordeel Group](https://endata.com/companies/57251.md) (partner)

## Sources

- [thermo-hanf.de](https://www.thermo-hanf.de/en/about/company/), 2021-08-23: "With this acquisition, both partners are taking an important step in further expanding bio-based and circular building solutions in Europe."

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