IPCOM continues its growth in the High-Temperature Insulation market by acquiring Industrial Ceramic Linings B.V. (“ICL”).
IPCOM has acquired Industrial Ceramic Linings B.V.(“ICL”), a Dutch company specialized in high-temperature sealing and insulation technology. This acquisition fits well in IPCOM’s Pan-European growth strategy to strengthen its High-Temperature Solutions Division, the INSULCON Group.
Established in 1987 by the Tournier family, ICL, has become a leading player in providing technologically advanced solutions to heating system manufacturers in the domestic, commercial, and industrial HVAC markets. They offer a range of products, including the all-in-one burnerinsulation Pioneer®, extreme-heat-resistant gasket series Kerasil®,and innovative Ultra Low NOx furnace sleeves. Besides their tailor-madehigh-temperature solutions, they also offer gaskets of various types made of rubbers and silicone.
ICL serves customers in Europe and North America with a team of approximately 35 employees.
Remco Tournier, Owner of ICL, commented: “We are delighted to announce the acquisition of ICL by IPCOM. This marks a significant milestone in our journey of 37 years, offering an unparalleled opportunity for ICL to thrive under the new ownership. The synergies between ICL, IPCOM, and its other subsidiaries are clear and promising. Together, we anticipate remarkable advancements in product innovation, an expanded market reach and enhanced operational efficiencies. This union heralds a new era of growth and success, driven by a shared vision and strengthened by our collective expertise. We are looking forward to this new chapter, confident in the brighter future it holds for our teams, our products, and our customers worldwide."
Patrick Noppen, CEO of the INSULCON Group, commented: “We are thrilled to announce that ICL, located in Rotterdam, has joined the IPCOM Group and will become part of our INSULCON business unit. ICL, founded and managed by the Tournier family, has become a market leader in their segment with patented products and solutions for domestic and commercial appliances. Their products and solutions are primarily utilized in applications for furnaces, boilers, and heat exchangers, catering to the residential and commercial sectors. This important strategic addition to our group will increase our services, R&D capacity, expand production capabilities and deliver even greater value to our clients.”
Remco Boerefijn, CEO of the IPCOM Group, commented: “The combined expertise and resources of ICL, Martinello and the INSULCON companies, will undoubtedly strengthen our position as leaders inhigh-temperature insulation in the global market. The entire IPCOM team would like to welcome all ICL colleagues into our group and look forward to working together."
About IPCOM: IPCOM, headquartered in Belgium, is an ambitious and fast-growing Pan-European group of companies, specialized in the distribution and conversion of innovative solutions for thermal insulation, high-temperature insulation, passive fire protection and acoustic insulation. IPCOM's customers are installers, international contractors, wholesalers and OEM's in a wide range of industries and markets. IPCOM employs over 1300 people and delivers its solutions through a network of over 80 outlets across 16 countries in Europe.
To find out more, you can visit:
INSULCON Group https://www.insulcon.com/