August 2023 – Selena Group acquires Imperalum

Selena is a Polish-listed company dedicated to the manufacture and distribution of construction chemicals, being one of the four largest manufacturers of assembly foam for the construction industry in the world. The group has over 1,800 employees across 41 companies in 18 countries. Its product range includes polyurethane foams, foam adhesives, sealants, adhesives, thermal insulation systems and waterproofing solutions.

Imperalum is the Portuguese market leader in bituminous waterproofing, with a wide range of acoustic and thermal insulation products, geotextiles and drainage.

With this transaction, Selena complements its range of roofing felt and liquid waterproofing products and strengthens its waterproofing division in Western Europe.

SOCIOS and Oaklins Portugal held a joint search and buy-side mandate for the waterproofing sector in the Iberian Peninsula. Oaklins Portugal identified Imperalum as a potential target and advised Selena on the acquisition process.