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Deal closed Apr 2018 · Montreal, Canada Verified

Armacell acquires pipe-support maker TB Concept Inc.

Insulation maker Armacell acquired Montreal-based TB Concept Inc., a maker of patented pipe support solutions, strengthening its accessories business and Canadian footprint. Purchase price kept confidential.

“Armacell has acquired TB Concept Inc., a Montreal-based company specializing in the manufacturing of patented pipe support solutions. Officials said the transaction strengthens Armacell’s global accessories business and the group’s footprint in Canada.”

Entities

Armacell · Acquirer TB Concept Inc. · Target
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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.