Ravatherm UK has announced the acquisition of the UK Polyfoam XPS business of Knauf Insulation.
Taking over the extruded polystyrene manufacturing plant in Hartlepool, Teesside, Ravatherm UK will continue to sell its products under the Polyfoam XPS brand.
The transition, which completed on 1st January 2017, is a result of Ravago Group further strengthening its XPS manufacturing activities across Europe. The UK acquisition took place simultaneously with the French Polyfoam XPS business of Knauf Insulation.
Managing director of Ravatherm UK, Stuart Bell said the transition will have very little impact on its customers: “The acquisition has been a smooth process and we are looking forward to continuing our working relationship with all of our clients,” said Stuart. “We are delighted to be part of such a high quality business that fits perfectly with our growth strategy.”
For more information about Ravatherm UK, visit www.ravatherm.com
