SOPREMA acquired a majority stake in Termo Organika.

SOPREMA, a worldwide specialist in waterproofing and thermal insulation for buildings and civil engineering, acquired a majority stake in Termo Organika, a manufacturer of expanded polystyrene boards. Financial terms were not disclosed. This acquisition further strengthens SOPREMA’s ongoing Strategic Initiative to develop its positions in Central and Eastern Europe, and more particularly in Poland, where SOPREMA has already made strategic investments: in 2010, SOPREMA built a brand-new, state-of-the-art factory dedicated to waterproofing systems and bitumen roll production in Błonie, near Warsaw.