What Skamol does

Skamol develops, manufactures, and markets thermal insulating materials based on calcium silicate, vermiculite, and moler (diatomaceous earth) for high-temperature industrial processes and passive fire protection applications. Founded in Denmark in 1912 and now operating as 'Skamol by Etex' following Etex Group's May 2023 acquisition, the company runs four production facilities across Denmark (Branden for calcium silicate, Fur for moler, Roedding for vermiculite) and Poland (Opole for calcium silicate), with an additional Polish site serving as the Eastern European regional headquarters after the 2017 acquisition of Steinberg Sp. z o.o. Its branded product portfolio spans two main divisions: Industry systems (SkamoAlu, SkamoCeramic, SkamoMarinePanel for aluminium smelters, steel and cement plants, process industry, and marine/offshore) and Building systems (SkamoCovering, SkamoDoor, SkamoEnclosure, SkamoStove, SkamoStructure, plus SKAMOPRO fire protection and SKAMOPLUS mould-prevention solutions for fireplace, HVAC, and construction applications).

Skamol generates revenue primarily through direct enterprise sales of one-time hardware shipments, supplemented by customized insulation system solutions and qualified technical support for mounting and installation. Pricing is quote-based under B2B industrial terms (generally FCA works per Incoterms 2020, with monthly energy surcharges tied to European Energy Exchange gas prices), and products remain Skamol property until full payment is received. Distribution is handled through dedicated regional sales teams covering nine geographies (Americas, APAC, Benelux/France, British Isles, China, DACH, Eastern Europe, Northern Europe, Southern Europe/Middle East/Africa), with go-to-market supported by trade show participation (TMS, HPBExpo, AISTech, Progetto Fuoco, Aluminium Düsseldorf), technical webinars, and a gated download center.

The company employs 251-500 people and reported DKK 403 million in 2019 revenue with DKK 87 million EBITDA (~21.6% margin). Its defensibility rests on proprietary materials formulations (notably calcium silicate boards incorporating recycled microsilica waste from the silicon industry), century-old brand equity, CE marking and ISO 9001 certifications, AAA credit rating, and complete Environmental Product Declarations across all three material lines (achieved 2022-2023), making it a specification-friendly supplier for safety- and sustainability-procured industrial buyers.

Name

Skamol

Legal name

Skamol A/S

Website

https://www.skamol.com/

Company type

Private

Founded year

1912

Operating status

Operating

Headcount range

251–500 employees

Short description

Skamol is a Danish-founded (1912) manufacturer of calcium silicate, vermiculite, and moler-based thermal insulation systems, serving industrial high-temperature and passive fire protection customers worldwide under Etex Group ownership since 2023.

Ownership category

akta.pro rank

Headquarters

HQ city

Nykøbing Mors

HQ country

Denmark

HQ region

Europe

Offices17 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Insulation Products Sales: Sale of technical insulation systems including calcium silicate boards, vermiculite products, insulation bricks, blocks, and mortars for high-temperature industrial applications.
2. Customized System Solutions: Delivery of both standard and customized insulation products tailored for process industries, with qualified technical support for mounting and installation.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Skamol develops, manufactures, and markets thermal insulation systems based on calcium silicate, vermiculite, and moler (diatomaceous earth) raw materials for high-temperature industrial applications, passive fire protection, and building construction. The company sells both standardized and customized insulation boards, blocks, bricks, mortars, and shaped components directly to industrial customers across metals/minerals, process industry, energy/power generation, marine and offshore, HVAC, baking/cooking, and building/construction segments. Production is carried out at plants in Denmark and Poland, with global distribution via regional sales offices and dedicated account managers.

Product overview

Skamol offers insulation systems primarily categorized into Industry and Building divisions. The Industry segment includes SkamoAlu, SkamoCeramic, and SkamoMarinePanel systems for high-temperature insulation in sectors such as metals and minerals, process industry, and marine applications. The Building segment covers SkamoCovering, SkamoDoor, SkamoEnclosure, SkamoStove, and SkamoStructure systems for construction, fireplace, and climate applications. Key product lines include calcium silicate boards (SKAMOTEC 225, SUPERPRO) for fireplace enclosures, vermiculite boards (SKAMOLEX, SKAMOLEX GOLD) for stove linings, fire protection (SKAMOPRO), and humidity control (SKAMOPLUS, SkamoWall). The company also produces raw materials including moler, vermiculite, and calcium silicate at its production plants in Denmark and Poland.

Differentiator

Problem solved

Functional benefit

Brands

• SkamoAlu: Insulation system for industry applications
• SkamoCeramic
• SkamoCovering
• SkamoDoor
• SkamoEnclosure
• SkamoMarinePanel
• SkamoStove
• SkamoStructure
• SkamoPlus
• SKAMOTEC
• SKAMOLEX
• SKAMOPRO

Products and services

• SkamoAlu Technical insulation system for high-temperature industrial applications such as primary aluminium smelters, used to line pots and other equipment requiring aluminium-compatible insulation.
• SkamoCeramic Industrial-grade ceramic insulation system for high-temperature applications in various industrial processes including ovens, kilns, and process equipment.
• SkamoCovering Building insulation system for covering applications in construction projects, providing thermal insulation in building envelopes.
• SkamoDoor Building insulation system designed for door applications in building construction, providing fire and thermal protection for door assemblies.
• SkamoEnclosure Building insulation system for enclosure applications in construction projects.
• SkamoMarinePanel Marine insulation panel system designed for shipbuilding and offshore engineering applications (originally part of NCM business divested to LiteCore A/S in 2009, with marine-related products retained/continuing under Skamol).
• SkamoStove Technical insulation system specifically designed for fireplace lining applications in residential heating appliances.
• SkamoStructure Structural insulation system for building construction applications, providing insulation within structural components.
• SKAMOTEC 225 Calcium silicate board product used as the primary solution for fireplace enclosures, providing high-temperature insulation in residential heating applications.
• SKAMOTEC EASYMIX Fast-curing cement and fibre based lightweight mortar designed for fireplace enclosures, used together with SKAMOTEC 225 calcium silicate boards for stove and fireplace installation.
• SKAMOLEX Vermiculite insulating board product line for stoves and heating appliances, available in standard and customized shapes for fireplace and stove lining.
• SKAMOLEX GOLD Premium vermiculite insulating board for stoves and fireplaces, positioned as an extreme-quality lining product line within the SKAMOLEX range.
• SKAMOPRO Complete fire protection solution system for buildings, covering passive fire protection requirements for construction applications.
• SKAMOPLUS Insulation system with humidity control properties designed to prevent mould and moisture in buildings, addressing indoor climate problems in residential and commercial properties.
• SkamoWall Wall insulation system designed to prevent mould and moisture in buildings, used in residential construction and renovation for indoor climate control.
• SUPERPRO Calcium silicate board product line, CE approved for the European market and classified as type A1 non-combustible according to DIN EN 13501-1.
• SkamoAlu Hipor 450 High-performance aluminium insulation product within the SkamoAlu system, designed for industrial high-temperature applications and installed using SkamoAlu Mortar 1550.
• SkamoAlu Mortar 1550 Mortar product used for installing SkamoAlu Hipor 450 insulation boards in industrial applications.
• SkamoCeramic Hipor High-performance ceramic insulation within the SkamoCeramic system for industrial high-temperature applications.

Quantifiable outcome

• Energy cost reduction through insulation systems
• +3 more outcomes

Named customers5 records

Segments8 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered former and minor.

• Diatomovy Kombinat (Russia)formerStrategic or Co-development PartnerIn September 2009, Skamol acquired majority of Diatomite high temperature brick business while the owner Mr. Evgeny Nikiforov remained a significant minority shareholder and board member. Acquisition completed in 2010 pending Russian competition authority approval.
• Bygge- og Miljøteknik (Danish consulting engineering)minorStrategic or Co-development PartnerDanish consulting engineering company initiated a year-long humidity measuring project to prove effects of mold prevention with SkamoPlus insulation product.
• Fur Kraftvarmeværk APSminorOthersDistrict heating association on the Danish Island of Fur agreed to purchase energy from Skamol's factory in Branden, supplying 5800-7500 MWh covering 200 households.
• LiteCore A/SformerChannel Partner/ Reseller/ DistributorSkamol divested its marine panels and marine fire doors business (NCM) to former Business Director Anette Stagstrup and associates in newly established LiteCore A/S.
• Krby Turbo (Czech Republic)minorChannel Partner/ Reseller/ DistributorCzech market partner handling fireplace enclosure products, with many years of industry experience.

Scale indicators8 records

Recent moves17 records

Expansion highlights6 records

Market position

Competitive moat5 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries10 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Skamol