BEWI – Closing of acquisition of Lithuanian insulation company BalPol
Reference is made to the stock exchange notice of 1 July 2022 regarding BEWI entering an agreement to acquire 100 per cent of the Lithuanian insulation company UAB Baltijos Polistirenas (BalPol). BEWI today announces that the transaction has been finalised. BalPol has approximately 150 employees and currently operates two downstream facilities, whereas one facility produces PIR and MW sandwich panels and PIR insulation boards, while the other produces insulation solutions from EPS for construction and packaging products from EPS and EPE. For further details, see the stock exchange notice