Industrial Ceramic Linings B.V. (ICL) acquired by Belgian IPCOM

Hoboken law firm (previously named: DVAN Advocaten) advised Industrial Ceramic Linings B.V. (ICL) in its sale to IPCOM. The transaction brings together two specialist players in high-temperature and thermal solutions, marking a significant step in IPCOM's pan-European growth strategy.

ICL, founded in 1987 by the Tournier family and headquartered in Rotterdam, has grown into a leading provider of technologically advanced high-temperature sealing and insulation solutions. The company serves manufacturers of heating systems across the residential, commercial, and industrial HVAC markets in Europe and North America. Its product portfolio includes the all-in-one burner insulation Pioneer®, the high-performance Kerasil® gasket series, and innovative Ultra Low NOx furnace muffle solutions, as well as a range of rubber and silicone gaskets. With a team of approximately 35 employees, ICL is known for its engineering expertise and its ability to deliver customised solutions to demanding clients. The existing management team will remain in place following the transaction.

IPCOM, headquartered in Belgium, is an ambitious and fast-growing pan-European group specialising in the distribution and conversion of innovative solutions for thermal insulation, high-temperature insulation, passive fire protection, and acoustic insulation. With over 1,300 employees and a network of more than 80 sales points across 16 European countries, IPCOM has built a broad and diversified platform for specialty insulation solutions. The acquisition of ICL strengthens IPCOM's High-Temperature Solutions division, the INSULCON Group, and is fully in line with the group's strategy of expanding its capabilities and geographic reach through targeted acquisitions.

Nathalie van Hellenberg Hubar and Stijn van der Stap acted as legal advisers to the seller.