# Etex acquires UK insulation producer Superglass

Etex, a global building materials manufacturer, closed the acquisition of UK insulation producer Superglass on 22 June 2023. Superglass operates a factory in Stirling, Scotland, and is a top-three player in the UK and Ireland glass mineral wool market.

- Type: Acquisition
- Announced: 2023-06-22
- Where: Stirling, Scotland, United Kingdom
- Jobs: 200
- Status: completed
- Products: glass mineral wool insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Superglass](https://endata.com/companies/28650.md) (target)
- [Etex](https://endata.com/companies/28996.md) (acquirer)
- [TN International](https://endata.com/companies/59432.md) (partner)
- [Superglass Insulation](https://endata.com/companies/71070.md) (target)

## Sources

- [roofingtoday.co.uk](https://roofingtoday.co.uk/etex-acquires-superglass/), 2023-06-26: "Joining forces with Superglass is a great step forward on our growth path in insulation, just one year after we acquired URSA."
- [scotsman.com](https://www.scotsman.com/business/in-depth-stirling-insulation-firm-superglass-exits-russian-ownership-to-embark-on-new-chapter-4200754), 2023-06-28: "The firm has now been snapped up by Etex, a Belgian-headquartered building materials manufacturer."
- [constructionwave.co.uk](https://constructionwave.co.uk/2023/07/11/belgian-building-materials-firm-etex-swoops-on-uk-rival/), 2023-07-11: "Belgian building materials maker Etex has acquired UK insulation producer Superglass Insulation Limited for an undisclosed sum."

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