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Founded in 1965, Eurofoam has built an outstanding reputation for quality, innovation, technical expertise and customer service. Over six decades, the company has become a trusted partner for customers requiring high-performance engineered solutions based on compact rubber, cellular rubber and foam materials for a broad range of industrial applications. Combining deep material expertise with advanced manufacturing capabilities, Eurofoam supports its customers from design and prototyping through to large-scale production.

The acquisition of Eurofoam represents an important first step in the next phase of Flexicel’s development. By bringing together complementary capabilities, extensive experience and deep technical expertise, Flexicel aims to further strengthen its position as a specialised partner for engineered material solutions across a broad range of industrial applications.

This acquisition further strengthens IPCOM’s presence in specialised technical materials and expands the Group’s capabilities in attractive industrial end markets, while creating new opportunities for growth, innovation and value creation. A key element of the transaction is continuity.

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Eurofoam will continue to operate with the same entrepreneurial spirit, customer focus and technical expertise that have driven its success over the past sixty years. Massimiliano Sandrini, CEO, and Gianpaolo Sandrini, CFO, former owners of the company, will remain actively involved in the business and continue supporting its future development, customers, employees and strategic growth ambitions.

The transaction also carries a strong personal significance for the Sandrini family. Earlier this year, the company lost its founder and father, Giancarlo Sandrini, whose vision, values and entrepreneurial leadership laid the foundations of Eurofoam’s success. Before his passing, he was fully informed of and supportive of the transaction, recognising the opportunity it represented to secure Eurofoam’s long-term future, preserve its legacy and further strengthen the company's market position as part of a larger international group.

As part of IPCOM, Eurofoam will benefit from access to a broader international platform, enhanced purchasing capabilities, operational best practices and additional growth opportunities, while maintaining the agility, culture and customer-centric approach that have characterised the company for decades.

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The transaction also reflects IPCOM’s broader ambition for Flexicel. Eurofoam represents an important first step in the next phase of the business unit’s growth, with the ambition to continue welcoming strong companies that see value in becoming part of the Flexicel platform while maintaining their expertise, identity and entrepreneurial spirit.

Francisco Perez, Divisional Managing Director, will lead the integration process and work closely with the Eurofoam management team to ensure a seamless transition, accelerate the sharing of best practices and unlock commercial and operational synergies across the Group.

We are delighted to welcome Eurofoam to the IPCOM family. Eurofoam represents exactly the type of company we want to partner with: a market-leading business built by a family of entrepreneurs with a strong technical heritage, deep customer relationships and a long-term vision.

This acquisition is further proof of the ability of our business units to identify and deliver attractive growth opportunities while continuing to bring together some of the most successful entrepreneurial leaders in our industry. Rubber and foam materials play a key role in improving energy efficiency and acoustic comfort across a wide range of industrial applications. By combining Eurofoam’s manufacturing capabilities and deep expertise in technical rubber and foam materials with Flexicel’s existing platform, the Group aims to build a leading player in engineered insulation and energy-efficiency solutions. We firmly believe that Eurofoam has significant potential for further growth and development within IPCOM.

We are particularly pleased that Massimiliano and Gianpaolo will continue to play an active role in the future of the business. Their continued involvement ensures continuity for customers, employees and suppliers while building upon the remarkable legacy created by their father.

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Remco Boerefijn
CEO IPCOM Group

Joining IPCOM represents a natural next step in Eurofoam's journey. We have found a partner that shares our entrepreneurial values, long-term perspective and commitment to customers and employees.

Most importantly, this transaction guarantees continuity for the company, our people and our stakeholders. Together with IPCOM, we will be able to strengthen our market position, accelerate our development and create new opportunities while preserving the culture, expertise and values that have defined Eurofoam for more than sixty years.

We are proud that the vision built by our father will continue to grow within a group that deeply respects entrepreneurship and long-term value creation.

Massimiliano Sandrini & Gianpaolo Sandrini
CEO & CFO of Eurofoam

Eurofoam is an outstanding company with a strong technical foundation, an excellent reputation and significant growth potential. Our priority will be to ensure continuity for customers, employees and suppliers while progressively implementing initiatives that allow both organisations to benefit from each other's strengths.

We look forward to working alongside Massimiliano, Gianpaolo and the entire Eurofoam team to build the next chapter of growth together.

Francisco Perez
Divisional Managing Director