Unifrax I LLC (Niagara Falls, N.Y.) announced that it has entered into an agreement with UNION LESNI BRANA, a.s. to acquire the ceramic fiber business of its wholly owned subsidiary company Keraunion, a.s. Keraunion is located in Dubi, Czech Republic, near Prague. It is the leading supplier of ceramic fiber products in the Czech Republic and also does a substantial amount of export business into the EU. The business has approximately 100 employees who will be joining the Unifrax European team. The acquisition is expected to close at the end of May.
Unifrax is a global supplier of insulation products that are used in many high-temperature industrial, automotive and fire-protection applications. It has 13 manufacturing facilities in the United States, Europe, Asia and Latin America.
Unifrax Announces Acquisition
May 17, 2007