Boreo buys TEXpro in industrial insulation and expansion joints deal for EUR 1.6 million

• Boreo bought TEXpro from Cortese, taking full ownership; the deal closed on Oct. 1, 2026.
• Enterprise value set at EUR 1.6 million; part of the price will be paid as earn-outs in 2027-2028.
• TEXpro posted EUR 1.7 million net sales, EUR 0.4 million adjusted operating profit in the 12 months ended August 2026.
• The purchase was funded with Boreo’s cash; TEXpro will be consolidated from Oct. 1 under the Technical Trade business area.
• TEXpro employs nine people in Rauma, Finland; key staff will stay with the business.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Boreo Oyj published the original content used to generate this news brief on October 01, 2026, and is solely responsible for the information contained therein.