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Etex Group, a Belgian building materials manufacturer, acquired Skamol Group, a Danish manufacturer of high-temperature insulation systems, from private equity firm FSN Capital Partners and pension funds Danica and Pensam. Skamol has four facilities in Denmark and Poland.
Panattoni Europe is constructing a 6,000 sqm silicate board factory for Skamol A/S in Opole, Poland, with completion planned for April 2017 and production launch in November 2017.