Protan completed the acquisition of Multiplan.

Protan, a Norwegian owned industry group, completed the acquisition of the Turkish roof and membrane producer Multiplan. Financial terms were not disclosed. "We are making this acquisition of Multiplan’s assets and production machinery and knowhow and have established a new company Protan Multiplan to gain access to new markets and increased production capacity for further growth. As a result of strong growth and increased demand for our environmentally friendly products, this acquisition is a natural step. We will continue production in Norway with unabated strength, and further production capacity is necessary to be able to continue growth and ensure our delivery capability in international markets," Erik Øyno, CEO Protan Group.