Announced

Completed

IPCOM Group completed the acquisition of Seidemann Group.

Synopsis

IPCOM Group, a European insulation group, completed the acquisition of Seidemann Group, a well-established specialist distributor, focusing on technical insulation on the German market. Financial terms were not disclosed. "With this strategic decision, we are securing the long-term development of the company and positioning ourselves optimally in terms of the growing demands in the areas of digitalization, logistics and marketing. As Managing Director, I will continue to contribute my personal strength and expertise for the benefit of the company and be the contact person for my employees and customers. Furthermore, I am convinced that the cooperation with other IPCOM companies will enable us to differentiate us further on the market. We share the same views and we see a lot of opportunities to grow further supported by the strengths and experience of IPCOM,” Jörg Seidemann, Seidemann Group Head.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US