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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Recticel acquires Rex Panels & Profiles for €70M · Endata

◂ Announcements

Dec 21, 2023ACQUISITIONTournai, Belgium, Belgium

Recticel acquires Rex Panels & Profiles for €70M

Recticel announced the acquisition of 100% of Rex Panels & Profiles SA, a Belgian producer of PIR and mineral wool insulated panels, for an enterprise value of €70 million. The transaction is expected to close in January 2024.

Value

$77.0M (70.0M EUR)

Status

Announced

Capacity

over four million m²

ProductsPIR insulated panelsmineral wool insulated panels

CompaniesRecticel acquirer Rex Panels & Profiles SA target

Sectors#Construction Materials

“The acquisition of REX strengthens Recticel’s core purpose to become a leader in high-end sustainable construction through smart insulation solutions.”manda.be

1 source
manda.beAnother large acquisition for Recticel - MandAThe Editorial TeamDec 21, 2023

Summarized from public sources; check the original articles before acting on it.

More from Recticel

Jul 6, 2023ACQUISITION
Carpenter completes acquisition of Recticel's Engineered Foams Division
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Oct 11, 2021ACQUISITION
Recticel to sell Engineered Foams business to Carpenter Co.
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Oct 11, 2020ACQUISITIONSwitzerland$295.0M
Recticel to acquire FoamPartner from Conzzeta for CHF 270 million
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Apr 6, 2020ACQUISITIONBelgium
Recticel transfers Automotive Interiors division to JV with Admetos
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Feb 19, 2019ACQUISITIONBelgium
Sekisui Plastics acquires 75% of Proseat from Recticel
Recticel partner Proseat target recticel.com
Feb 5, 2019ACQUISITIONMörfelden-Walldorf, Germany, Germany
Sekisui Plastics acquires 75% stake in Proseat from Recticel
Recticel partner Proseat target arqis.com

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