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Izocam: interest from foreign firms in sell-off

France“s Saint Gobain, Denmark“s Rockwool and an unnamed Greek firm are interested in Turkey“s Izocam, according to the newspaper Aksam. The sale price would be around USD 350 million, according to…

France“s Saint Gobain, Denmark“s Rockwool and an unnamed Greek firm are interested in Turkey“s Izocam, according to the newspaper Aksam. The sale price would be around USD 350 million, according to the daily. Koc Holding recently announced plans to sell its group companies Izocam, Doktas Dokumculuk, Demir Dokum and that it would mandate three consulting companies to evaluate the possibilities for the companies, including the option of a share sale. Izocam produces insulation materials.

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