Aislenvas, a Spanish leading insulation solutions company, has been acquired by BEWI

Client nameAislenvas

Aislenvas has three facilities, all in the same industrial area, where it manufactures a variety of EPS-based solutions. The company's main products are insulation solutions, including EPS boards for underfloor heating and EPS panels for external thermal insulation composite systems (ETICS) used to improve energy efficiency in building renovation. In addition, Aislenvas offers a range of other EPS-based products, such as packaging and industrial applications. In 2021, Aislenvas had revenues of approximately €16 million, with EBITDA of €3.5 million.

Based in Norway, BEWi is a leading European listed company in packaging and insulation solutions and has a market capitalization of €1.5bn.

Pablo Henarejos, AIslenvas General Manager: “Juan Vega de Seoane and his BDO team have played an important role throughout the process as advisor, highlighting his experience in the sale and purchase of companies, generating a lot of tranquillity throughout the process; his sector knowledge, understanding well the dynamics of our market and how to extol the positive aspects of our company and the fit with investors and the proximity, availability and involvement of the BDO team has generated a positive climate of collaboration that facilitates an initially complex process for us.”