Reuters – Investcorp Taps Barclays for Armacell Sale

Bahrain-backed private equity group Investcorp has mandated Barclays to organize the sale of Armacell, a maker of insulation materials, aiming to capitalize on growing investor interest in energy-efficient products, Reuters reported Wednesday. German-headquartered Armacell says it is the world's largest maker of flexible insulation, claiming 40 percent of the market, with its products used to lag pipes and ductwork in large buildings such as factories and schools.

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