16-07-2015 The Dutch market leader in high temperature insulation solutions, Insulcon, joins the IPCOM Group
IPCOM NV, a Belgium based group of European companies specialized in the distribution and conversion of insulation products, has acquired all shares of the Insulcon Group, a leading Dutch manufacturer and distributor of high temperature solutions for the process industry.
The acquisition of Insulcon fits in the strategy of Ipcom to grow and strengthen its position as a leading European provider of insulation products and solutions for the process and construction industry.
With c. €225 million in annual revenues, Ipcom today has strong market positions in Belgium, The Netherlands, Germany, Scandinavia, Austria, Hungary and Rumania, and is aiming to further strengthen and expand its activities in Europe.
Being part of the Ipcom Group, Insulcon will be able to continue its successful growth story of the last decades and deploy its full innovation potential within a rapidly changing and dynamic market environment. As before, Insulcon will be managed by Mr. Patrick R.B.A. Noppen and his skilled and experienced management team, supported by the Ipcom management.
The acquisition of Insulcon succeeds three acquisitions made by IPCOM earlier this year:
- Caremiso, a Belgian building insulation distributor located in Verviers, Wallonia
- Isoma, an Austrian technical insulation distributor located in Klagenfurt
- D.M.S., a Dutch distributor and installer of passive fire protection systems for buildings, public utilities and river cruise ships in Schaijk
Insulcon is a leading Dutch distributor and manufacturer of high temperature (>1600°C) and wear resistant products, like refractories, fibre products, sealings, Refrex® and Wearflex® products. With headquarters and production facilities in the Netherlands (Insulcon BV) and Belgium (Keramab NV), a sales office in Germany, (Insulcon GmbH) and several agents throughout the world, the Insulcon Group has grown into the leading supplier of refractory materials with thermal shock-, chemical and wear resistance and/or high thermal insulation properties for the process-, energy-, (non)ferrous-, ceramic-, appliances and ship building industry.
IPCOM, Insulation Products Company, is a Belgium based group of European companies specialized in the distribution and conversion of thermal insulation, passive fire protection, acoustic insulation and high temperature products for the process and construction industry. Founded in 2010 by Waterland Private Equity and several Belgian entrepreneurs with extensive experience in the insulation industry, Ipcom currently has a market leading position in Belgium, the Netherlands, Germany, Sweden, Norway, Austria, Hungary and Rumania, and it aims to further strengthen and develop its activities in the future. Being a total solutions provider, Ipcom is committed to create sustainable added value for its professional customers, suppliers and all stakeholders through customer service, market orientation, logistics excellence, product range & availability, product knowledge & know-how, strong partnerships, professional structures & processes and its dedicated staff.