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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.
TN International, owner of Superglass, acquired UK bitumen roofing manufacturer Chesterfelt. The deal adds production capacity to TN International's building product portfolio and will not result in job losses.