European manufacturer of foam insulation materials, Ales, acquired the polyurethane foam-based sound insulation material manufacturer Guarto.
The acquisition did not announce the purchase price. The Luxembourg-based Armacell said the transaction increased its capacity and expanded its product range in the fast-growing sound insulation industry. This also consolidated the company. Development of production bases in southern Europe.
Guarto was founded in 1966 and supplied automotive parts. Currently it is dedicated to the design, production and sale of flame retardant thermoplastic materials for sound insulation. The company's products are mainly used in the marine and railway markets. Products are also used in the automotive and construction sectors. .
The company has a factory in Caselle Torinese near Turin, which has two production lines. Armacell Italia is located in Capriate San Gervasio in northeastern Milan.
Guillerme Huguen, vice president of EMEA, said: 'The acquisition of Guarto strengthens the influence of Ales in Italy, once again consolidating Ales' leadership in the fast-growing sound insulation industry. And for our products The combination adds new production capacity and improves customer service levels in Italy.'
Bart Janssen, vice president of foaming at Ales Engineering, added: 'Acoustic solutions are an important pillar in our portfolio. Global megatrends, such as the comfort of acoustic environments, drive the need for custom sound insulation solutions.'