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To help several families affected by last summer’s floods in Belgium, five high-quality, sustainable houses built in two weeks are being donated by the Belgian company Etex. Installed in Rochefort and Pepinster, this new type of modular construction is expected to expand in the future to meet needs and new trends in the housing sector. Walloon Minister for Housing Christophe Collignon welcomes this approach.

Marking a first in its history, global building material manufacturer and pioneer Etex has just released its 2020 Sustainability Report. Published digitally, the report zooms in on how Etex’s sustainability initiatives and actions progressed throughout the past year.

Like-for-like, our top-line increased with 27%, while our REBITDA reached a 60% increase and our net recurring profit (Group share) more than doubled last year’s result. Reporting our results not only year-on-year, but also compared with H1 2019, allows readers to analyse the performance in the light of the last “normal” year we have experienced.

Committed to its strategy to become a global leader in offsite construction, Etex announces the acquisition of Sigmat, a UK market leader in light gauge steel framing (LGSF). This new acquisition complements the purchases of Irish design and engineering consultancy firm Evolusion Innovation and Irish LGSF player Horizon Offsite. These acquisitions, together with Etex’s existing businesses in the UK, put us in a strong position to benefit from the growing market for offsite construction in the UK and Ireland.

Delivering further on its strategy to lead in offsite construction methods worldwide, building solutions innovator Etex announces the acquisition of Horizon Offsite, headquartered in Ireland. This acquisition follows closely on the group’s purchase of Irish technical consultancy company Evolusion Innovation, and boosts Etex’s ability to deliver offsite building solutions in Ireland and the UK, helping the company’s European modular ambitions.

Etex, the international building material manufacturer, has rolled out a well-being challenge across its offices in 42 countries around the world. As diversity and inclusion are important to Etex, the company teamed up with Oopla to ensure all its 11,000 employees, of all abilities, could participate to the full. The global challenge started in April and continues until July, over 3,000 employees have entered the competition and strive not only to increase their personal physical and mental well-being in a sustainable way, but also to lead their country to victory and support a local charity. This global initiative, unique in the building industry, kicks off Etex’s long-term commitment to ensure their employees’ well-being in a post-Covid world.

On 1 January 2022, a new executive leader will be taking the helm of Etex. Paul Van Oyen will reach the end of his current seven-year mandate as CEO of the company at the end of this year after a dynamic and successful career of 31 years in the global building materials company, seven of which as Chief Executive Officer. Bernard Delvaux, former Chief Executive Officer of Sonaca Group, will succeed him following a transition period starting in September this year.

The Annual General Shareholders’ meeting of Etex will be held on Wednesday 26 May 2021 at 15:00 CEST at the registered office of the Company, PassPort Building, Luchthaven Brussel Nationaal, Gebouw 1K, 1930 Zaventem or at such other place indicated at that place at that time.

Etex, global building solutions innovator and pioneer in lightweight construction, has concluded a number of contracts active for the provision of high-performance, ultrathin insulation products used in both building applications and passively cooled containers for vaccine transport. With the latter, Etex contributes to the timely and safe distribution of COVID-19 vaccines under ideal low-temperature conditions across the world. The company forecasts over 6 million euro in sales of these products, which are manufactured at its site in Sint-Niklaas, Belgium, in 2021.

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To strengthen its knowledge base in industrialised offsite construction, global building solutions provider Etex has acquired Ireland-based company Evolusion Innovation, an international multi-disciplinary engineering consultancy. In incorporating this business into its New Ways division, Etex achieves strategic synergies between modular construction expertise and local building capacity, while giving Evolusion Innovation a global footprint. The acquisition is yet another step in the execution of Etex’s ambition to become a leader in offsite construction.

2020 was a milestone year in the face of an unprecedented global challenge. We focused on our strategic pillars, made remarkable progress in shaping the future of lightweight construction and in sustainability. In trying times, we delivered an exceptional financial performance. We set a new safety record. And people engagement among Etex teammates reached new heights.

Zaventem, 27 January 2021 – International building materials specialist Etex announces it has acquired a majority stake in leading French offsite construction company e-Loft. The company becomes part of Etex’s New Ways division, which develops sustainable, industrialised and modular construction solutions. As such, the acquisition is a key milestone on Etex’s strategic roadmap and an enabler of our ambition to shape the future of construction by “inspiring ways of living”.