The Fenzi Group has announced recently that it will acquire Thermoseal, a key player in the insulated glass (“IG”) industry. The transaction marks a significant milestone for both companies.
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Alessandro Fenzi, CEO of Fenzi Group, commented: “We welcome Thermoseal to the Fenzi family. Their expertise in IG solutions, particularly the innovative Thermoflex flexible spacer product, complements our global growth strategy.”
Gwain Paterson, Managing Director for Thermoseal, said: “We are delighted to work with the Fenzi team in the next phase of our company’s growth.” Gwain Paterson will remain as Managing Director and Board member of Thermoseal following the transaction.
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Thermoseal’s product portfolio will enable the Fenzi Group to expand Thermoflex and Thermobar sales internationally. The acquisition underscores Fenzi’s dedication to fostering collaboration, innovation, and excellence within the glass industry.
