Fenzi Group SpA, a Milan-based chemical company specializing in glass processing solutions, acquired Thermoseal. Thermoseal’s product portfolio aims to enable Fenzi Group to expand Thermoflex and Thermobar sales internationally.
What the companies say
“We welcome Thermoseal to the Fenzi family. Their expertise in insulating glass solutions, particularly the innovative Thermoflex flexible spacer product, complements our global growth strategy,” says Fenzi Group CEO Alessandro Fenzi.
“We are delighted to work with the Fenzi team in the next phase of our company’s growth,” says Gwain Paterson, managing director, Thermoseal.
Paterson will remain as managing director and board member of Thermoseal following the transaction.