Owens Corning has acquired vliepa GmbH, a company that specializes in the coating, printing and finishing of nonwovens, paper and film for the building materials industry. The acquisition broadens Owens Corning’s global nonwovens portfolio to better serve European customers and accelerate growth of building and construction market applications in the region.
With the transaction, Owens Corning has taken ownership of two production facilities in Brüggen, Germany. Terms of the transaction were not released.
In total, vliepa GmbH employs 70 people and delivered 2020 sales of approximately $30 million.