News

Protan acquires Multiplan

Protan has acquired the Turkish roof and membrane producer; Multiplan.

PRESS RELEASE:

Multiplan is the largest supplier of sustainable roofs and membranes in Turkey, and is an established brand in its markets. The factory in Gebze east of Istanbul is a modern production unit that produces roof and tunnel membranes in PVC and TPO.

- We are making this acquisition of Multiplan’s assets and production machinery and knowhow and have established a new company Protan Multiplan to gain access to new markets and increased production capacity for further growth. As a result of strong growth and increased demand for our environmentally friendly products, this acquisition is a natural step. We will continue production in Norway with unabated strength, and further production capacity is necessary to be able to continue growth and ensure our delivery capability in international markets, says CEO Erik Øyno of Protan Group.

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- Through production in Turkey, we achieve proximity to significant markets around the world, both where we already sell our products, but also in new markets with great potential, says CEO Erik Øyno.

The Protan Group currently has subsidiaries in Poland, Sweden, the United Kingdom, Germany, Denmark, Finland, Spain, Lithuania and Hungary. In 2018, Protan had a turnover of EUR 170 million and a profit before tax of EUR 9 million. Multiplan in Turkey has had a turnover in excess of EUR 10 million in revenue.

 

About Protan:

Protan is a Norwegian owned industry group is a world leader in construction membrane technology. We develop and supply membranes, roof systems, ventilation systems and technical textiles. Our head office is in Drammen, Norway, and we have more than 800 employees in 15 countries.

Our largest business area is roofing and membranes. We also specialize in tailor-made, flexible ventilation ducts for mines and tunnels. In addition, we supply multi-purpose technical textiles for a range of applications. Protan is also one of the largest roofing contractors in the Nordic region.

With over 70 years' experience, Protan has developed innovative solutions adapted to a global market and demanding climates. We work closely with our customers and suppliers to stay at the forefront of technology, the environment and competence. This gives us unique experience and insight that means that we can deliver flexible, tailor-made solutions adapted to local requirements - whether our customer needs environmentally friendly watertight roofing, ventilation for demanding environments or other technical protection.

 

About Multiplan:

Multiplan Yalıtım Sistemleri San. Tic. A.Ş. has been one of the group companies of Nuhgroup which produces high quality products demanded by Turkish industry and construction sector in high-end factories in Gebze Organized Industrial Site. In 2004, Multiplan was created as Nuhgroup and VWS Multiplan companies which was a producer of PVC waterproofing membranes of Germany and thus established Multiplan Insulation Systems in Turkey.

Multiplan provide service for construction sector with PVC and TPO based membranes produced in modern production sites with capacity of more than 10 million m2 in Istanbul Gebze Organized Industrial Site.
Multiplan Insulation Systems provide waterproofing in many areas such as foundations, roofs, terraces, garden terraces, balconies, tunnels, subway applications, underground parking area, parking area roofs, roads, pools and ponds.


Media contact:

Erik Øyno
Chief Executive Officer – Protan Group
Tel: +47 901 31 203
e-mail: erik.oyno@protan.no