Weekly Email News for the Glass, Glazing & Fenestration Industries

Alu Pro acquires Thermix spacer
business from Ensinger
16th July 2019

Alu Pro and Ensinger have entered into exclusive negotiations for the transfer of Thermix insulating glass spacers business to Alu Pro.

Alessandro Fenzi, CEO of Fenzi Group, which includes Alu Pro, said: “We are very excited of enlarging our product range with a further high performance spacer. We have been impressed with Ensinger technological expertise and the Thermix know how will be a great addition to our company.”

Ensinger MD Roland Reber added: “We are happy to have found a partner who is very committed to the future and the growth of Thermix. The sale of this division will enable us to concentrate more on Ensinger’s core business areas.”

Ensinger has been manufacturing Thermix spacers at its production site in Bavaria since 1994. The Fenzi Group was founded in Milan in 1941, where it still has its headquarter, and now has eleven factories in strategic markets across the continents, delivering mirror backing paints, IG sealants and spacers, decorative glass paints. Alu Pro is one of the main companies in the Group.

Closing of the transaction is expected to complete as soon as possible, subject to customary closing conditions and regulatory approvals.

fenzigroup.com

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