Fire-resistant glass in Germany: AGC acquires OEM customer portfolio from Etex
AGC Glass Europe has acquired Etex’s portfolio of OEM1 customers on the German market for fire-resistant glass. Etex is a multinational group that manufactures and sells sustainable materials and solutions for the construction and industrial markets, including the Promat brand of insulating and fire-protection materials. This important market segment, in which Etex has acquired a leadership position as a producer and distributor of fire-resistant glass, primarily comprises German designers and manufacturers of industrial doors that provide passive fire protection.
"In expanding its business in this way, AGC is reaffirming its determination to consolidate its position as the European leader in fire-resistant glass and to invest directly in the strategic market for this type of glass in Germany," said Guibert de Bonhome, Head of AGC Glass Europe’s Fire-Resistant Glass BU. AGC and Etex are firmly committed to taking all steps necessary to ensure a smooth transition for OEM customers.
AGC will continue to collaborate with Etex in other segments of this same market.
1: original equipment manufacturer
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AGC Glass Europe, a European leader in flat glass
AGC Glass Europe produces, processes and markets flat glass for the construction industry (external glazing and interior decoration), car manufacture and other industrial sectors (transport, solar power and high-tech). It is the European branch of AGC, a world leader in flat glass. It has over 100 sites throughout Europe and employs around 15,300 employees.