Unifrax I LLC # Corporate Headquarters # 2351 Whirlpool Street # Niagara Falls, New York 14305-2413 Telephone 716-278-3800 # Telefax 716-278-3900
Email info@unifrax.com # Website www.unifrax.com
Unifrax Announces Acquisition of ALFATEC
Unifrax Europe Holdings Limited has acquired ALFATEC Feuerfest-Faser-Technik Gesellschaft m.b.H and sister company ALFATEC Feuerfest-Vertrieb Gesellschaft m.b.H (“Alfatec”).
Unifrax is a leading global supplier of insulation products that are used in many high-temperature industrial, automotive and fire protection applications. The Company has 17 manufacturing facilities in the United States, Europe, Asia and Latin America and employs approximately 1,200 people worldwide.
Alfatec is located in Unterwölbling, Austria about an hour from Vienna and is a manufacturer of vacuum formed shapes and other fabricated products made from ceramic and other fibers. The business has approximately 27 employees who will be joining the Unifrax European team. Alfatec also has an ownership position in a joint venture company in China called Alfiso that will be a part of the Unifrax acquisition. Alfiso is located in Tianjiin, China. Its main business is vacuum forming of ceramic fiber shapes.
Mr. Johann Haberreiter, the former owner of Alfatec, founded the business in 1986 and has led its substantial growth. He has joined Unifrax as an employee bringing with him a wealth of technical capability and knowledge especially in the specialist high temperature field. As a key member of the team it is anticipated that Herr Harberreiter will be a significant factor in the continuing growth of Unifrax’ value-added shapes business.
David E. Brooks, Unifrax President and CEO, comments “We are pleased to add Alfatec to our European manufacturing portfolio. The business has excellent manufacturing capabilities and strong customer relationships. And the Alfiso joint venture is well located to support our growth initiatives in the Chinese market and surrounding region”.
Brooks added “This acquisition represents another positive step in the continued implementation of the long-term growth strategy for our Company and will strengthen the competitive position of Unifrax in Europe and through the Alfiso join venture, in the high-growth Chinese market”.
For Further information click on Unifrax (www.unifrax.com) or Alfatec website (www.alfatec.co.at)
For more detailed information contact: Petr Skvara
Unifrax s.r.o
Novosedlicka 125
417 03 Dubi: CZ
Tel +420 417 800 353
Cell +420 724 165 393
Email pskvara@unifrax.eu
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