Paris, September 1st 2015

PAREXGROUP announces that it has finalized the acquisition of SKALFLEX A/S a Danish producer of construction chemicals. Located in Viborg (Denmark), SKALFLEX is a medium size company with a national presence.

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Founded 40 years ago, SKALFLEX has established a leading position as a specialist of façade solutions for new construction and renovation. It has grown regularly over the years, expanding its product range in façade insulation as well as in products for masons and the Do-It-Yourself markets.

“With its high degree of expertise and its solid presence in distribution, SKALFLEX is a good strategic fit for PAREXGROUP. It reinforces our global façade business and offers a growth platform in a new country thanks to the vast product portfolio of the group”, states Eric Bergé, PAREXGROUP CEO. “We expect to grow the SKALFLEX brand and we warmly welcome the management and the employees of the company in the PAREXGROUP family”.