# Etex agrees to acquire URSA Insulation from Xella International

Etex N.V. agreed to acquire URSA Insulation, S.A. from Xella International GmbH. The deal was announced on January 11, 2022, and is subject to customary closing conditions.

- Type: Acquisition
- Announced: 2022-01-01
- Where: Spain
- Status: announced
- Products: insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Xella Group](https://endata.com/companies/24464.md) (partner)
- [Xella International GmbH](https://endata.com/companies/26352.md) (partner)
- [URSA](https://endata.com/companies/26353.md) (target)
- [Etex](https://endata.com/companies/28996.md) (acquirer)
- [URSA Insulation, S.A.](https://endata.com/companies/60243.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/ETEX-N-V-18637398/news/Etex-N-V-agreed-to-acquire-URSA-Insulation-S-A-from-Xella-International-GmbH-37736974/), 2022-01-10: "Etex N.V. agreed to acquire URSA Insulation, S.A. from Xella International GmbH on January 11, 2022."
- [climatizacion-y-confort.cdecomunicacion.es](https://climatizacion-y-confort.cdecomunicacion.es/noticias/sectoriales/50660/adquisiciones-fabricantes-climatizacion), 2022-03-11: "Ursa fue adquirida por la multinacional belga Etex."
- [bati.zepros.fr](https://bati.zepros.fr/actus-metiers/ursa-integre-etex-group), 2022-11-08: "L'acquisition d'Ursa confirme la réorientation de notre portefeuille d’activités initiée il y a quelques années pour devenir un leader mondial de la construction légère et modulaire."

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