# Knauf Insulation acquires Romanian glass mineral wool producer Gecsat

Knauf Insulation, part of the German Knauf Group, acquired Romanian glass mineral wool factory Gecsat in Târnăveni, Mureș County. The deal was cleared by the competition body on May 4, 2022. The price was not disclosed.

- Type: Acquisition
- Announced: 2022-05-04
- Where: Târnăveni, Mureș County, Romania
- Status: completed
- Products: glass mineral wool
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Knauf Insulation](https://endata.com/companies/21886.md) (acquirer)
- [Gecsat](https://endata.com/companies/62676.md) (target)

## Sources

- [romania-insider.com](https://www.romania-insider.com/knauf-insulation-gecsat-takeover-2022), 2022-05-04: "The acquisition of the Romanian plant will support Knauf Insulation's growth goals and provide additional capacity to meet the growing demand for our insulation solutions in the region."

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