Platinum Equity
Mergers. Acquisitions. Operations.
 

Mergers. Acquisitions. Operations.

3B The Fibreglass Company

Industrials • Corporate Divestiture • Acquired in April 2008

Manufactures glass fiber composite material solutions for the aerospace, automotive, building and construction, defense, electrical, energy, and many other markets.

Large furnaces at 3B's Belgium and Norway manufacturing facilities gradually melt together a mix of sand and chemicals, which is then extruded as fiberglass filaments for use in myriad composite applications.

KEY FACTS

  • Composed of assets and intellectual property acquired from Owens Corning
  • State-of-the-art manufacturing facilities in Belgium and Norway
  • Maintains a world-class R&D pipeline
  • Focuses on five key market segments: wind energy, pipe relining, compressed natural gas, and ballistics, as well as specialty markets such as fiber optic cable linings and electrical insulators
  • Environmentally responsible technological innovations for automotive, defense, infrastructure, mass transit, and wind and marine energy generation
  • Premium Advantex™and HiPer-tex™ brands combine high performance with low manufacturing emissions

INITIATIVES

  • Built and stabilized standalone operations and added sales, marketing, R&D, and C-level components
  • Ongoing R&D initiatives to develop new products and innovative uses for its signature products

NEWS

updated 7/11
"We were very pleased to provide a divestiture solution to Owens Corning, which needed a transaction partner capable of moving quickly and efficiently on a complex transaction." Brian Wall, Partner, Platinum Equity
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