Fenzi Group SpA (Fenzi) has announced the acquisition of Thermoseal Group, a U.K.-based manufacturer and distributor of insulating glass (IG) components. Thermoseal supplies more than 2,500 IG components, including the Thermobar and Thermoflex brands, and Thermoseal Group Equipment (TGE) for manufacturing IG units. Fenzi is a chemical company based in Milan, Italy, specializing in glass processing solutions.

Thermoseal’s product portfolio will enable Fenzi Group to expand Thermoflex and Thermobar sales internationally, officials said.

“We believe this partnership is a perfect fit to help us achieve our goal of becoming a true global player in the IG components market with our performance-leading Thermoflex and Thermobar warm edge spacer systems,” officials for Thermoseal wrote in an announcement.

Following the acquisition, Gwain Paterson will remain as managing director and board member of Thermoseal.

“We welcome Thermoseal to the Fenzi family. Their expertise in IG solutions, particularly the innovative Thermoflex flexible spacer product, complements our global growth strategy,” said Alessandro Fenzi, CEO of Fenzi Group. 

Aside from new ownership, “everything remains the same,” Thermoseal officials said, adding, “We look forward to continuing our business with our long-standing customers.”

Leave a Reply

Your email address will not be published. Required fields are marked *