JACKON Insulation becomes part of the BEWI group

Together on the path to growth in the future-oriented market of sustainable, energy-efficient construction: JACKON Holding, and along with it likewise JACKON Insulation GmbH, are now part of the Norwegian BEWI group. The transaction, first announced in October 2021, is now officially complete. The two companies bundle their strengths with the goal of developing innovative insulation solutions for the eco-friendly construction of tomorrow.

“We have been looking forward to this day for a long time and we cannot wait to get started with the integration of our two companies. Finally, we can welcome all the Jackon employees to our organization. We really see a great potential in combining our two companies, creating strong synergies across our value chain,” says CEO of BEWI, Christian Bekken.

For customers and business partners, daily handling will remain just like today. JACKON Insulation GmbH will continue to conduct its business under its own name. The established contacts will still be available for all queries, of course. The company will continue to market its proven and well-known product lines such as JACKODUR® insulation for construction applications, JACKODUR® for industrial applications, and the JACKODUR® Atlas floor slab insulation system, as well as the JACKOBOARD® and Qboard® construction board systems.

The listed company BEWI is a leading European provider of packaging, components, and insulation solutions. The company is integrated throughout the value chain, from production of raw material and manufacturing of end-products, to reuse and recycling to new products. With its main office in Trondheim, Norway, BEWI views its integration of JACKON, likewise headquartered in Norway, as a means of continuing along its path of growth of the past several years. The JACKON group employs about 935 people and operates 20 facilities in Germany, Norway, Sweden, Finland, Denmark, and Belgium.

Combined, the BEWI group, including pro-forma revenues from recent acquisitions, has an annual turnover of approximately EUR 1,464 million with an EBITDA of approximately EUR 190 million and 3,400 dedicated employees.

Established in 1987, JACKON Insulation GmbH today employs more than 300 people and is one of the leading suppliers of XPS solutions in Europe. With innovative processes and products, the company has developed strong growth markets for itself in the energy-efficient construction sector. The head office with production is located in Mechau (Saxony-Anhalt), and product management, sales and marketing are located in Steinhagen (North Rhine-Westphalia). An additional manufacturing facility is located in Olen, Belgium, and the French sales office is located in Mundolsheim. JACKON’s products and solutions are proving valuable in many areas, ranging from construction to numerous industrial applications.

www.jackon-insulation.com
www.bewi.com


About JACKON Insulation:

Manufacturer of high-quality insulation and construction boards made of rigid extruded polystyrene foam (XPS), JACKON, Insulation GmbH has been clearly successful on the market in Germany and abroad for more than 30 years now. With more than 300 employees, the company manages two sites in Germany along with subsidiaries in Belgium, France and Switzerland. Through the development of innovative materials such as JACKODUR® insulation materials and JACKOBOARD® construction boards, JACKON Insulation GmbH has established a solid reputation in a highly competitive market where it is considered to be one of the most innovative companies in the industry today.


About BEWI ASA

BEWI is an international provider of packaging, components and insulation solutions. The company's commitment to sustainability is integrated throughout the value chain, from production of raw materials and end goods, to recycling of used products. With a vision to protect people and goods for a better every day, BEWI is leading the change towards a circular economy.

BEWI ASA is listed at the Oslo Børs under ticker BEWI.