Luxembourg, Perth, 17 June 2024 – Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, today announced the acquisition of the engineering business of E&M Industries, a well-established insulation fabrication business in Western Australia.
- Establishing and growing insulation business in Asia Pacific
- Reinforcing strategy on industrial insulation jacketing segment
- Gaining momentum in energy and solution-selling
Luxembourg, Perth, 17 June 2024 – Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, today announced the acquisition of the engineering business of E&M Industries, a well-established insulation fabrication business in Western Australia.
Armacell Australia Engineering Pty Ltd will be operating from the existing manufacturing facilities in Perth and significantly strengthen the Group’s energy and solution-selling business in the region.
“This deal reinforces our endeavour of transitioning from a material manufacturer to an industrial solutions provider with a strong focus on energy-saving solutions. E&M Industries has a successful track record in the insulation jacketing industry and we are confident that their experienced team will contribute to our growth in Australia”, said Liam Douglas, Armacell’s Vice President APAC.
Founded in 2002, E&M Industries sells innovative thermal and acoustic insulation jacketing systems across various industries and energy majors. The company mainly serves the Australian market as well as some countries in the Asia Pacific region.
Jeff Fraser, founder and owner of E&M Industries, commented: “We are delighted to join forces with Armacell and support the rapid development of the company’s acoustic and industrial insulation business.”
The terms of the transaction remain confidential.