We are very pleased to welcome Ozren and his team to our Group. EUROVENT is the leading specialist distributor of technical insulation in Croatia and therefore a perfect fit for us. We are looking forward to realising the possibilities we now have together, focused on providing the best possible assortment and services to our customers.
Founded in 2007 and headquartered near Zagreb, EUROVENT has established itself as one of Croatia's most respected specialists in technical insulation. The company supplies a comprehensive range of industrial and technical insulation materials, fire protection systems, acoustic insulation solutions, HVAC/R insulation products and installation materials to customers across the construction, industrial and infrastructure sectors. The company has built a strong reputation based on technical expertise, reliable service, broad product availability and long-standing customer relationships.
This acquisition represents another important milestone in IPCOM's development in Southeast Europe and further strengthens the Group's position in Croatia, a market that IPCOM considers highly attractive for long-term growth given its favourable economic outlook, continued infrastructure investment and increasing focus on energy efficiency solutions.
EUROVENT is a natural fit within IPCOM's technical insulation activities. By combining EUROVENT's strong local market position with IPCOM's international network and technical expertise, both companies are well positioned to accelerate growth and further enhance their service offering to customers throughout Croatia and the wider region. A key element of the transaction is continuity and local entrepreneurship.
Ozren Živković, founder and Managing Director of EUROVENT SISTEMI, will continue to lead the business and play a central role in its future development. His deep market knowledge, entrepreneurial mindset and strong customer relationships have been instrumental in building EUROVENT's success and will remain essential as the company embarks on its next phase of growth as part of IPCOM.
As part of IPCOM, EUROVENT will continue operating with the same customer focus and local agility while gaining access to a broader international platform, enhanced supplier relationships, digital capabilities, operational best practices and additional growth opportunities.
CEO IPCOM Group
Joining IPCOM represents an exciting opportunity for EUROVENT, our employees, customers and suppliers. Throughout our discussions, we found a partner that shares our long-term vision, entrepreneurial values and commitment to technical excellence.
Being part of a larger international group will enable us to accelerate our development, broaden our opportunities and further improve our offering to customers, while maintaining the responsiveness and personal approach that have always characterised EUROVENT.
I look forward to continuing to lead the company and working together with IPCOM to build the next chapter of growth.
Managing Director of EUROVENT SISTEMI