M&A Deal Summary

Etex Group SA Acquires URSA Insulation

On January 11, 2022, Etex Group SA acquired building materials company URSA Insulation from Xella

Acquisition Highlights
  • This is Etex Group SA’s 2nd transaction in the Building Materials sector.
  • This is Etex Group SA’s 1st transaction in Spain.

M&A Deal Summary

Date 2022-01-11
Target URSA Insulation
Sector Building Materials
Buyer(s) Etex Group SA
Sellers(s) Xella
Deal Type Add-on Acquisition

Target

URSA Insulation

Madrid, Spain
URSA Insulation is a provider of insulation solutions, with activity focused on mineral wool and extruded polystyrene (XPS). URSA Insulation was established in 2002 and is based in Madrid, Spain.

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Buyer(S) 1

Buyer

Etex Group SA

Zaventem, Belgium

Category Company
Founded 1905
Sector Building Materials
DESCRIPTION

Etex Group SA is an international industrial group that manufactures and sells building materials and solutions. Etex Group SA was founded in 1905 and is based in Zaventem, Belgium.


DEAL STATS #
Overall 3 of 4
Sector: Building Materials M&A 2 of 3
Type: Add-on Acquisition M&A Deals 3 of 4
Country: Spain M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-04 Sigmat

Skipton, United Kingdom

Sigmat is a manufacturer of cold rolled steel components and panelised structural steel frames, designed, detailed, manufactured, assembled and installed in light gauge steel building construction. Sigmat was founded in 2001 and is based in Skipton, United Kingdom.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-23 Skamol

Viby, Denmark

Skamol is a specialty insulation system for a wide range of applications within buildings and industries. Skamol speciality insulation systems are used in a wide variety of applications worldwide, from industrial kilns and furnaces and as core elements in fire protecting applications, to domestic stoves and fireplaces and even as mold prevention in private homes and public buildings. Skamol was founded in 1912 and is based in Viby, Denmark.

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Seller(S) 1

SELLER

Xella

Duisburg, Germany

Category Company
Sector Building Materials
Employees6,700
Revenue 1.1B EUR (2014)
DESCRIPTION

Xella is an international solution provider in the field of building and insulation materials. It is the parent company of such well-known brands as Ytong, Silka, Hebel, and Multipor, and is a pioneer in digitally supported construction processes with its digital planning service blue.sprint. Xella is based in Duisburg, Germany.


DEAL STATS #
Overall 2 of 2
Sector: Building Materials M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-19 Macon Deva SA

Deva, Romania

Macon Deva SA is one of the largest manufacturers of building materials in Romania. In over 50 years of development and innovation, with strength and passion for constructions, we drove the way from a small factory of insulating materials to the number 1 manufacturer of AAC and precast concrete in Romania.

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