Building materials company Knauf has acquired the majority stake in the Hartlepool firm KnaufAlcopor.
The UK market leader in glass mineral wool, rock mineral wool, fibre and extruded polystyrene foam insulation solutions will now operate under the new name of Knauf Insulation.
A family-owned building materials company, Knauf has more than 100 production plants in more than 30 countries worldwide. Based in Germany, it is one of the largest European building materials groups with an annual turnover in excess of £1.8bn.
Knauf Insulation will continue to operate separately from UK businesses Knauf Drywell and Knauf DIY
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