- Business
- Rockwool A/S (ROCK-B.CO), formerly Rockwool International A/S, manufactures and markets stone wool insulation and related products worldwide; the Denmark-based company, founded in 1937 and headquartered in Hedehusene near Copenhagen, operates through two main segments, Insulation and Systems, producing fire-resilient stone wool solutions for building thermal and acoustic insulation, technical insulation for process industry, marine and offshore applications, customized OEM products, wall and facade systems including external thermal insulation composite systems, acoustic ceilings and wall panels under the Rockfon brand, ventilated construction boards for facades, roofs, soffits and fascias under the Rockpanel brand, engineered fibres for friction, water management, tracks, coatings and gaskets under the Lapinus brand, and horticultural substrate solutions for precision growing under the Grodan brand; with 42 factories across 23 countries in Europe, North America and Asia, serving over 120 countries primarily through B2B channels to construction, industrial, horticultural and marine sectors, revenue distribution reflects 56 percent from Western Europe, 20 percent from Eastern Europe and Russia, 19 percent from North America, and five percent from other regions. In recent developments, Rockwool A/S acquired Wetherby Building Systems Ltd., a leading UK external thermal insulation composite systems supplier, in October 2024 to bolster its facade expertise and stone wool transition in the UK market under the ROCKWOOL Wall Systems organization, and completed the purchase of Vietnam's largest stone wool manufacturer, Khai Hoan Insulation, also in 2024; the company committed to new factories in the United States, Sweden and India, additional production lines in Romania and the U.S., land acquisition for a future UK facility, and advanced decarbonization efforts including full electrification of its Swiss Flums factory reducing CO2 emissions by 75 percent, alongside board approvals for electric-melting conversions in the Netherlands, France, Romania, the U.S. and Sweden; Jes Munk Hansen assumed the role of CEO in September 2024, succeeding prior leadership amid 2024 revenue of 3,855 million euros up six percent in local currencies, EBIT of 677 million euros with a 17.5 percent margin, and investments totaling 387 million euros of which 68 percent align with EU Taxonomy criteria; a new 150 million euro share buy-back program commenced in February 2025, following the prior program's completion.