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Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, has acquired the engineering business of SpiderPlus Co. Ltd.
Based in Tokyo, Japan, the engineering business of SpiderPlus Co. Ltd manufactures and supplies thermal insulation solutions for piping and duct work. The company also has a proven track record with Armacell solutions and has serviced the local construction and HVAC industries with ArmaFlex products for the past 20 years. “We are strengthening our footprint in Japan to support our growth in a market that values Armacell’s technical offering and expertise,” says Patrick Mathieu, President CEO of the Armacell Group. “This deal offers future expansion and new business...
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