IPCOM

IPCOM, the European market leader in technical insulation solutions acquired all shares of AZ FLEX Kft. and its subsidiary Adhesive Hungary Kft. AZ FLEX Kft. is a wholesaler of technical insulation, cladding, fire stops and fixing materials and a manufacturer of air distribution equipment, while Adhesive Hungary Kft. is specifically engaged in the trade of various insulation materials. Deloitte acted as exclusive financial, legal and tax advisor to IPCOM throughout the transaction.