İzocam, one of Türkiye's leading insulation manufacturers, finalized the equity buyout of His Yalıtım, a stone wool manufacturer operating under the Terrawool brand in the Kayseri İncesu Organized Industrial Zone, Türkiye. This milestone positions İzocam's Kayseri facility as the 5th production center in its network, joining GEBKİM, Dilovası, Eskişehir, and Tarsus.
Established in 1965, İzocam is co-owned by the French multinational corporation Saint-Gobain and the Kuwaiti multinational company Alghanim Industries.
According to a statement from Saint-Gobain, His Yalıtım employs approximately 170 people and adds significant value to the region's economy. The Turkish Competition Authority approved the acquisition in October 2024, allowing İzocam to fully acquire His Yalıtım's shares and establish a joint venture between Compagnie de Saint-Gobain S.A. and Kutayba Yusuf Ahmed Alghanim.
Saint-Gobain's statement further noted, “This acquisition strengthens İzocam's presence in Türkiye, where the company already operates four factories producing high-quality insulation solutions."