TORONTO, Ontario — Balcan Innovations Inc., the parent company of Covertech Flexible Packaging, which manufactures rFOIL insulation, has acquired Reflectix Inc., a leader in reflective insulation and radiant barriers.
“The acquisition of Reflectix brings the two top reflective insulation and radiant barrier manufacturers under one umbrella at Balcan Innovations,” says John Starr, vice president, Covertech/rFOIL Division. “We will continue to manufacture products recognized for their thermal performance and ease of installation for a growing number of markets.”
Eric Orologio, president of Balcan, says the acquisition demonstrates Balcan’s vision to be the North American leader in custom films, flexible packaging and reflective insulation, with a commitment to excellence and innovation.
“We remain committed to the strong partners who have been integral in our success,” says Orologio. “This acquisition will allow us to broaden the range of solutions to customers while continuing our commitment to quality, innovation and service.”