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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

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