Ceramic Industry

Rath Acquires Magindag Isotech

October 30, 2000
Rath Performance Fibers, Inc. has acquired Magindag Isotech GmbH, Gennewitz, Germany. The acquisition expands Rath's line of high temperature refractory materials and high quality ceramic fibers to include a wide range of insulating fire bricks. "We are now in a position to offer ceramic fibers and lightweight refractory brick insulation from our own production," said Dr. Ernst Rath, chairman of the board. The acquisition strengthens the Rath Group's position in the European and North American markets with worldwide sales of over $65 million. Rath Performance fibers is a Thermal Source Superior Supplier(TM).

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