Astorg to acquire IPCOM from Alpha Private Equity.

Astorg, a private equity firm, agreed to acquire IPCOM, a technical and building insulation product distributor, from Alpha Private Equity. Financial terms were not disclosed. “IPCOM allows us to combine our growth and sustainability objectives: we firmly believe insulation is one of the top levers to improve energy efficiency and reach European Union net zero ambition for 2050. We look forward to having the opportunity to partner with the IPCOM management team to drive our shared strategic vision and ambition.” Nicolas Marien, Astrog Partner and Head of France and Benelux.