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AGC acquires OEM customer portfolio from Etex

Post Time:Dec 01,2020Classify:Company NewsView:1038

AGC Glass Europe has acquired Etex’s portfolio of OEM (original equipment manufacturer) customers on the German market for fire-resistant glass.

Etex is a multinational group that manufactures and sells sustainable materials and solutions for the construction and industrial markets, including the Promat brand of insulating and fire-protection materials. This important market segment, in which Etex has acquired a leadership position as a producer and distributor of fire-resistant glass, primarily comprises German designers and manufacturers of industrial doors that provide passive fire protection.

Mixed development of commercial (office, hotel, retail) and residential complex, South Beach, Singapore – © AGC Glass Europe

“In expanding its business in this way, AGC is reaffirming its determination to consolidate its position as the European leader in fire-resistant glass and to invest directly in the strategic market for this type of glass in Germany,” said Guibert de Bonhome, Head of AGC Glass Europe’s Fire-Resistant Glass BU.

AGC and Etex are firmly committed to taking all steps necessary to ensure a smooth transition for OEM customers. AGC will continue to collaborate with Etex in other segments of this same market.

Source: glassonlineAuthor: shangyi

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