Deal closed Apr 2018 · Montreal, Canada Verified
Armacell acquires Canadian pipe-support maker TB Concept Inc.
Equipment-insulation manufacturer Armacell acquired TB Concept Inc., a Montreal-based maker of patented pipe support solutions (Insuguard brand), strengthening its accessories business and Canadian footprint. Purchase price undisclosed.
“Armacell, a global manufacturer of flexible foam for the equipment insulation market and a provider of engineered foams, has acquired TB Concept Inc., a Montreal-based company specializing in the manufacturing of patented pipe support solutions.”
Entities
Armacell · Acquirer TB Concept Inc. · Target
HVACPlumbingRefrigeration Sentiment: Positive
Source: www.achrnews.com
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.