Ceramic Industry News

Unifrax to Acquire Ceramic Fiber Business

July 9, 2010
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Unifrax I LLC announced that it has entered into an agreement to acquire Brightcross Manufacturing Ltd. and Brightcross Insulation Ltd. Brightcross, located in Derby, UK, is a supplier of vacuum-formed ceramic fiber products in the UK and exports into the EU. The business has approximately 60 employees who will be joining the Unifrax European team.

“Brightcross is a business with a great reputation, a proud heritage and excellent people,” said David E. Brooks, Unifrax president and CEO. “We have been a supplier to them for many years and respect their capabilities. Brightcross will strengthen our European vacuum forming business and improve our competitive position in the European market.This acquisition represents another positive step in the continued implementation of the long-term growth strategy for our company.”

The acquisition is expected to close in the third quarter. For more information, visit www.Unifrax.com.

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