FLABEG strengthens its Position in the U.S. Market

CSP Today learned recently that FLABEG has acquired 100% of the shares of the CT-based glass company Naugatuck, from the previous shareholder Thermo Fisher Scientific Inc. Waltham, Massachusetts.

This strategic acquisition is a consequent next step for FLABEG, strengthening its U.S. market position in the core business areas of Automotive Mirrors, Automotive Interior, Solar Mirrors and Technical Glass.

FLABEG will use the Naugatuck plant as one of their core facilities to serve the U.S. markets and intends to bring further products and technologies from the worldwide FLABEG Group Network to Naugatuck. FLABEG specializes in all processes of glass refinement and is world market leader in parabolic mirrors for solar thermal power plants and automotive mirror glasses.