Press release: Icopal acquires Van Besouw Kunststoffen
04-03-2008
Icopal, the world leader in waterproofing solutions and building protection, headquartered in Copenhagen, Denmark, today announced the acquisition of Van Besouw Kunststoffen (“VBK”), headquartered in Goirle, the Netherlands.
VBK is a strong player in the synthetic waterproofing market in Europe in particular in PVC membranes for waterproofing. Icopal’s acquisition of VBK strengthens the product range offered to Icopal’s customers.
VBK will continue as an independent entity with its own organisation and brand name. VBK will continue to serve its customers directly while also utilising the growth potential from being part of Icopal.
“I am very pleased and proud that Van Besouw Kunststoffen with its highly skilled workforce and its good track record has accepted to become part of our Group. By joining forces we will further increase our ability to provide our customers with the best products and solutions money can buy. This transaction is another significant step in our Group's growth strategy, with the aim of being an increasingly resourceful and reliable long term partner for our customers”, says Martin Ellis, Group CEO, Icopal.
For further information please contact Mr. Martin H. Ellis, tel. +45 5123 5509
Van Besouw Kunststoffen profile
VBK provides synthetic waterproofing solutions for roofing, civil engineering and agricultural industries. The production site is located together with the office in Goirle in the Southern part of the Netherlands. The products are sold throughout Europe and the Middle East. VBK had a turnover of over 18 M€ in 2007 and 48 employees. For further information please visit www.vanbesouw.nl
Icopal profile
Icopal is the world’s leader in waterproofing solutions and building protections. The activities include supplying bitumen membranes for roofing, waterproofing and civil engineering and being the leading roof and metal contractor in the Nordic countries. Icopal has a turnover of more than 1.1 Bill€ and employs some 4200 people. Icopal operates worldwide and has 35 manufacturing sites and 91 offices in Europe, North America and Asia. Icopal is owned by Investcorp. For further information please visit www.icopal.com
A series of successful acquisitions for Icopal
Further to the acquisition of VBK over the last 12 months Icopal successfully acquired European companies in the roofing and waterproofing business with a total turnover value of about 170 M€. Icopal’s most recent acquisition is the company Vedag a leading provider of bitumen waterproofing solutions in Germany, Czech Republic and worldwide.