The international group Soprema, specialized in solutions for building waterproofing and thermal protection, confirms the interest in the Italian know-how: Novaglass is added to the previous acquisitions of Flag and Sirap Insulation, growing the presence of Soprema in Italy to 5 factories with over 400 employees.
Novaglass SpA joins Soprema Group, a multi-company corporation counting today 50 manufacturing plants all over the world, about 6300 employees and a consolidated turnover of 2.14 billion euros.
Active in the fields of bitumen, synthetic and liquid waterproofing, thermal and acoustic insulation, as well as roofing and building facades, Soprema Group, with this operation, completes the production range on the Italian territory. In fact, with previous acquisitions of Flag SpA and Sirap Insulation, Soprema Group reaching a production of over 150 million euros in Italy, employing 400 people in 5 factories.
In more than 30 years of activity, Novaglass has developed a solid brand in the field of bituminous membranes, with a production value of 30 million euros, and considered by Italian market synonymous of top quality. This matches perfectly to the strategy of Soprema Group, always pursuing highest quality research, excellence in service and innovation performance.
The acquisition of Novaglass SpA by Soprema completes also in Italy, the Group’s strengthening process in waterproofing protection and insulation business. This also demonstrates the interest of Soprema Group in the Italian market, but above all, confirms the desire to maintain and, indeed, develop a production with a strong Italian background and presence.