Etex completed the acquisition of Skamol from FSN Capital.

Etex, a lightweight construction pioneer, completed the acquisition of Skamol, a manufacturer of high temperature insulation materials, from FSN Capital, a private equity investment firm. Financial terms were not disclosed. “Skamol represents an excellent strategic fit within Etex. The company not only offers great opportunities to extend our proposition and grow our presence in certain geographies, but we also both have sustainability at our core. Etex has a clear focus to be the most innovative and sustainable global lightweight building material manufacturer and having Skamol join us is another key step in this direction," Bernard Delvaux, Etex CEO.