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Preiss-Daimler to acquire glass textiles business in Sweden from Johns Manville

News International-French

6 Jan 2015

The business is a supplier of superior glass wallcoverings in the European markets, including woven as well as nonwoven products.

“This high-quality business fits perfectly with our growth strategy and we look forward to welcoming the JM Glass Textiles team to the Preiss-Daimler family,” said Jürgen Preiss-Daimler, founder and owner of Preiss-Daimler. “Customers can expect continued stable supply from Sweden with innovative products, strong brands and sales and marketing support in the different markets.”

Enno Henze, Senior Vice President of JM’s Engineered Products business, said the Glass Textiles business and its employees have made significant contributions to JM over the years.

The acquisition is expected to close on Dec. 31, 2014.

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