PLIXXENT Acquires Isotrie
PLIXXENT, a company engaged in the development, manufacturing and processing of polyurethanes, has acquired Isotrie, one of the leading firms in the spray foam industry.
This acquisition marks an important milestone for PLIXXENT, which aims to strengthen its footprint across Europe, particularly in Belgium, Luxembourg and France, while leveraging Isotrie's expertise in the spray foam market.
Dr. Joerg Schottek, Chief Executive Officer of PLIXXENT, stated: "With this acquisition, PLIXXENT is expanding its presence in Europe and positioning itself as a market leader in the spray foam market. Our increased presence in Belgium, Luxembourg and France creates new opportunities to work with our local partners and customers and develop stronger relationships in these regions, while also expanding our distribution network across Europe.
I am very pleased that this transaction has received full support from all our stakeholders. We are very excited about this acquisition and look forward to working with our new colleagues in Belgium and France."
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