Image courtesy: Armacell

Marc Noël, Founder & Executive Chairman of Nomaco points out: "We are very pleased to announce the sale of our Insulation Business to Armacell. Over the years, the dedicated team of Nomaco employees have built a loyal customer base with quality insulation products and superb service.

With Armacell we have found the "right" home for our insulation heritage and are looking forward to see the business continue on its growth path. Our customers will benefit from a shorter supply chain and enhanced product availability."

Established in 1979, Nomaco is a leader in the design and extrusion of custom engineered foam products and components for a wide range of markets including construction, home furnishings, packaging, fitness & recreation and more.

Throughout the last four decades, the company has earned a reputation as a highly customer-focused, quality-driven company of innovators.

In 2016, the activities transferred as part of the transaction generated approx. $28m of net sales with approx. 100 employees. The parties have agreed to keep the purchase price of the transaction confidential.
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