2007 2013 Armacell is founded as a management buyout, emerging from the successful insulation products division of Armstrong World Industries. The financial investor Investcorp International Ltd becomes Armacell’s financial partner and owner. The British investment company Charterhouse Capital Partners becomes new financial partner and owner of Armacell. 2012 New plants 2000 Armacell opens new plant in Korea 2008 Armacell opens new plant in Saudi-Arabia (together with manufacturer Zamil Industries) 2006 Armacell opens production facilities in India 2003 2015 Acquisitions Armacell opens new plant in Australia Armacell opens new plant in Brazil Armacell opens a second plant in China Armacell acquires business of Industrial Thermo Polymers Limited (ITP) (Canadian manufacturer of extruded polyethylene insulation products) Armacell aquires OneFlex (Turkish insulation materials manufacturer) 2014 Armacell takes over Armatech in Korea, supplier of technical insulation materials for the HVAC/R industry 2008 Armacell aquires PropaCene business 2005 Armacell takes over Monarch Rubber (producer of technical foams/USA) Armacell acquires Fagerda Benelux S.A. (expert in the development of thermoplastic foams) 2001 Armacell takes over Danmat Industri A/S (Danish insulation material producer) Armacell takes over Thai P.S. Insulflex 1991 A central development centre is built in Münster, Germany. 1967 To meet the heavily increased demand for Armaflex, new production facilities are opened in Muenster, Germany. 1860-1991 1960 Armstrong World Industries opens the Armstrong Kork GmbH in Münster, Germany. The factory for floorings is the company’s first in Europe. 1954 The flexible insulation material Armaflex is presented in the USA and later in Europe, too. 1899 Armstrong World Industries produces the first cork insulation sheets made of ground cork, clay and bitumen. 1860 Thomas M. Armstrong founds a workshop to produce bottle corks in Pittsburgh, USA. ARMACELL – MAKING A DIFFERENCE AROUND THE WORLD.
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