Unifrax I LLC recently announced that it has completed the previously announced acquisition of the ceramic fiber business of Keraunion, a.s. from Union Lesni Brana, a.s. Terms of the transaction were not disclosed. Keraunion is located in Dubi, near Prague, and is the leading supplier of ceramic fiber products in the Czech Republic. The business was acquired by a newly established Unifrax Czech subsidiary, Unifrax, s.r.o., and will operate under that name effective immediately.
“The addition of Keraunion provides exciting potential for continued growth in Eastern Europe and enhances our European manufacturing capabilities,” said David E. Brooks, Unifrax president and chief operating officer.
Additional information is available at www.aeainvestors.com