real time web

Advanced Insulation announces acquisition of Covertherm

>:Home/Archive/Advanced Insulation announces acquisition of Covertherm

Advanced Insulation, a leading manufacturer of technical coatings and specialised passive fire protection and thermal insulation materials, is delighted to announce the acquisition of Nottinghamshire-based Covertherm Limited, a manufacturer of insulation jackets.

Established in 2009 by Managing Director Paul Kendrick, Covertherm’s range of bespoke thermal insulation jacket and cover solutions provide exceptional heat savings and are well aligned to complement Advanced Insulation’s ContraFlex® range of flexible fire protection jackets.

Commenting for Advanced Insulation, Managing Director Andrew Bennion says: “At a time when many manufacturers are looking abroad for low-cost production solutions, we’re looking to reverse that trend and this acquisition will provide a UK manufacturing base for our ContraFlex range of passive fire insulation jackets, which will now be produced by Covertherm for the UK and export markets.”

“It is also an opportunity for Covertherm’s own portfolio to be introduced to Advanced Insulation’s other jacket manufacturing bases and we expect the company to grow significantly over the next 12 months.”
The new UK manufacturing facility adds to already established production facilities in Dubai, Kazakhstan and Korea and will provide increased production capacity that will help to cope with the increasing demand for ContraFlex products.

Commenting for Covertherm, Managing Director Paul Kendrick says: “To succeed, you need to find something to hold on to and something that motivates and inspires you. Advanced Insulation’s acquisition has provided this for me and all Covertherm staff; and we are looking forward to further rapid growth and the introduction of new products.”

Advanced Insulation’s ContraFlex is a range of custom flexible protection jackets designed to provide high-performance thermal insulation and protection from jet or hydrocarbon fire to equipment that requires frequent maintenance access such as valves and actuators, welding nodes, manways, junction boxes, process vessels, hot equipment exhausts and localised protection.