Strabag buys up sustainable building materials manufacturer
22 April 2024
Austrian contractor Strabag has acquired sustainable building materials manufacturer Naporo Klima D盲mmstoff for an undisclosed sum.
Strabag CEO Klemens Haselsteiner
Strabag bought 100% of the business, whose product portfolio includes insulation boards made of hemp, flax and PET fibres, from Synthesa Group.
Naporo Klima D盲mmstoff has manufactured hemp fibre boards for its Capatect insulation system at Haugsdorf in Lower Austria since 2015. The boards and are not only suitable as insulation material, but can also be used as acoustic elements, as noise absorbers and for green roofs.
Klemens Haselsteiner, CEO of Strabag, said, 鈥淭o become climate neutral across the group, we must include all aspects of our construction activities. Sustainable innovations in the field of building materials offer excellent opportunities that must be exploited. We will use our skills to further expand the production of climate-friendly insulation and establish this as an independent business segment. We are delighted to have acquired Naporo and welcome its employees to our company.鈥
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