{"id":26469,"date":"2026-05-12T17:29:52","date_gmt":"2026-05-12T15:29:52","guid":{"rendered":"https:\/\/selena.com\/?p=26469"},"modified":"2026-05-12T17:36:37","modified_gmt":"2026-05-12T15:36:37","slug":"selena-group-has-acquired-the-portuguese-holding-company-grupo-igm","status":"publish","type":"post","link":"https:\/\/selena.com\/en\/selena-group-has-acquired-the-portuguese-holding-company-grupo-igm\/","title":{"rendered":"The Selena Group has acquired the Portuguese holding company Grupo IGM. The Polish manufacturer is strengthening its position in Western Europe."},"content":{"rendered":"\n<p>According to information provided by the Selena Group in December 2025, the acquisition of Grupo IGM\u2019s shares is a staged transaction, and the agreement between the Polish company and Grupo IGM\u2019s shareholders was concluded subject to conditions precedent. In mid-April, the due diligence process was completed, covering in particular financial and legal matters, and a decision was obtained from the Portuguese antitrust authority stating that no approval was required for the transaction. Thus, the key conditions precedent to the agreement to acquire 66% of the shares have been met, enabling the completion of the first stage of the transaction. This demonstrates that the acquisition process is proceeding successfully and in accordance with the established plan.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-local-perspective\"><strong>Local Perspective<\/strong><\/h2>\n\n\n\n<p>Grupo IGM holds a leading position in the market for thermal insulation solutions for the construction industry on the Iberian Peninsula. The company focuses its operations on the production, distribution, and sale of materials used in the construction of roofs and facades\u2014primarily sandwich panels, metal profiles, and finishing elements \u2013 which are used in both residential and industrial buildings. Its own production facilities in Portugal give Grupo IGM a significant advantage, thanks to which the company holds a substantial, double-digit market share in the local sandwich panel market. At the same time, the company is gradually expanding its operations abroad \u2013 its products are shipped to Spain and selected export markets, among others. In 2024, the IGM Group recorded sales of \u20ac66.5 million.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1600\" height=\"1200\" src=\"https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-5.webp\" alt=\"\" class=\"wp-image-26452\" srcset=\"https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-5.webp 1600w, https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-5-300x225.webp 300w, https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-5-1024x768.webp 1024w, https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-5-768x576.webp 768w, https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-5-1536x1152.webp 1536w, https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-5-145x109.webp 145w, https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-5-364x273.webp 364w, https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-5-133x100.webp 133w, https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-5-347x260.webp 347w, https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-5-383x287.webp 383w, https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-5-500x375.webp 500w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><figcaption class=\"wp-element-caption\">Grupo IGM plant in Felgueiras<\/figcaption><\/figure>\n\n\n\n<p>Forecasts indicate that between 2025 and 2034, the sandwich panel market in the Iberian Peninsula will grow at a compound annual growth rate (CAGR) of 5.20%.<\/p>\n\n\n\n<p>This growth is primarily driven by numerous new investments in energy-efficient construction, increased construction activity, and the increasingly widespread use of sustainable architectural and structural solutions, particularly in the industrial and commercial sectors. The Iberian Peninsula is not only in line with the European trend toward sustainable construction but is currently one of the leaders of this transformation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-legislation-driving-trends\"><strong>Legislation Driving Trends<\/strong><\/h2>\n\n\n\n<p>In the European Union, low-carbon construction is no longer a choice but is becoming a mandatory regulatory standard. As a result, there is a structural shift in demand within the construction industry toward technologies and materials with superior performance and services that support the transition. This also applies to the insulation sector \u2013 advanced products that reduce energy loss, improve performance metrics, and lower operational costs are gaining importance.<\/p>\n\n\n\n<p><em>\u2018The acquisition of the Portuguese company represents another step in the Selena Group\u2019s consistent efforts to strengthen its position and expand its portfolio with products that have promising growth potential and align with current trends in the construction market.<\/em> \u201cWe are observing growing demand for innovative and technologically advanced thermal insulation materials, and the completion of this transaction reflects the importance of this segment in the Group\u2019s further development,\u2019 <strong>comments S\u0142awomir Majchrowski, CEO of the Selena Group<\/strong>. \u2013 \u00a0\u2018<em>We are not slowing down in our plan to build a strong production and distribution hub in Western Europe, which is our priority direction for global growth. These efforts include both organic expansion and targeted acquisitions, as evidenced by recent acquisitions, including in France <\/em>,\u2019 <strong>adds S\u0142awomir Majchrowski<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/selena.com\/wp-content\/uploads\/2023\/08\/Slawomir-Majhrowski-CEO-08_2023-1024x682.jpg\" alt=\"S\u0142awomir Majhrowski, Prezes Zarz\u0105du Grupy Selena\" class=\"wp-image-20002\" srcset=\"https:\/\/selena.com\/wp-content\/uploads\/2023\/08\/Slawomir-Majhrowski-CEO-08_2023-1024x682.jpg 1024w, https:\/\/selena.com\/wp-content\/uploads\/2023\/08\/Slawomir-Majhrowski-CEO-08_2023-300x200.jpg 300w, https:\/\/selena.com\/wp-content\/uploads\/2023\/08\/Slawomir-Majhrowski-CEO-08_2023-768x512.jpg 768w, https:\/\/selena.com\/wp-content\/uploads\/2023\/08\/Slawomir-Majhrowski-CEO-08_2023-1536x1023.jpg 1536w, https:\/\/selena.com\/wp-content\/uploads\/2023\/08\/Slawomir-Majhrowski-CEO-08_2023-145x97.jpg 145w, https:\/\/selena.com\/wp-content\/uploads\/2023\/08\/Slawomir-Majhrowski-CEO-08_2023-150x100.jpg 150w, https:\/\/selena.com\/wp-content\/uploads\/2023\/08\/Slawomir-Majhrowski-CEO-08_2023-390x260.jpg 390w, https:\/\/selena.com\/wp-content\/uploads\/2023\/08\/Slawomir-Majhrowski-CEO-08_2023-383x255.jpg 383w, https:\/\/selena.com\/wp-content\/uploads\/2023\/08\/Slawomir-Majhrowski-CEO-08_2023-500x333.jpg 500w, https:\/\/selena.com\/wp-content\/uploads\/2023\/08\/Slawomir-Majhrowski-CEO-08_2023.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">S\u0142awomir Majchrowski, CEO of the Selena Group<\/figcaption><\/figure>\n\n\n\n<p>The remaining 34% of shares in Grupo IGM will be acquired by the Selena Group in the second stage of the transaction, in accordance with the terms and conditions set forth in the share purchase agreement.<\/p>\n\n\n\t\t<section id=\"aedbb90b8d17566bfcc96f7a3ae42b7b\" class=\"block files-block alignwide \">\n\t\t\t\t\t\t\t<h2 class=\"files-block__h2\">Materials for download<\/h2>\n\t\t\t\t\t\t\t\t<div class=\"files-block__files-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"files-block__row\">\n\t\t\t\t\t\t\t<div class=\"files-block__file-name\">\n\t\t\t\t\t\t\t\tPress release\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<a href=\"https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/2026-05-12-Selena-Group-has-acquired-the-Portuguese-holding-company-Grupo-IGM.pdf\" class=\"files-block__download-button\">Download<\/a>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t<\/section>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The Selena Group has completed the first phase of the transaction involving the acquisition of a 66% stake in the Portuguese holding company, thereby becoming the owner of Irm\u00e3os Guimar\u00e3es Martins, SGPS, S.A. (Grupo IGM) \u2013 a leader in the production and distribution of high-quality sandwich panels. Based on a series of global acquisitions, the Polish manufacturer is consistently expanding its portfolio with products from the building thermal modernization and insulation segment, adapting its offering to prevailing construction trends.<\/p>\n","protected":false},"author":3,"featured_media":26461,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[100],"tags":[],"class_list":["post-26469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-experience"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Selena Group Acquires Portuguese Holding Grupo IGM<\/title>\n<meta name=\"description\" content=\"Selena Group acquired a 66% stake in Grupo IGM, a Portuguese leader in sandwich panel production, expanding its thermal insulation portfolio across Europe.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/selena.com\/en\/selena-group-has-acquired-the-portuguese-holding-company-grupo-igm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Selena Group has acquired the Portuguese holding company Grupo IGM. The Polish manufacturer is strengthening its position in Western Europe.\" \/>\n<meta property=\"og:description\" content=\"Selena Group acquired a 66% stake in Grupo IGM, a Portuguese leader in sandwich panel production, expanding its thermal insulation portfolio across Europe.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/selena.com\/en\/selena-group-has-acquired-the-portuguese-holding-company-grupo-igm\/\" \/>\n<meta property=\"og:site_name\" content=\"Selena FM S.A.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SelenaWorld\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-12T15:29:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-12T15:36:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/selena.com\/wp-content\/uploads\/2026\/05\/Grupo-IGM-in-Felgueiras-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1342\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"maciej.fornalczyk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"maciej.fornalczyk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/selena.com\/en\/selena-group-has-acquired-the-portuguese-holding-company-grupo-igm\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/selena.com\/en\/selena-group-has-acquired-the-portuguese-holding-company-grupo-igm\/\"},\"author\":{\"name\":\"maciej.fornalczyk\",\"@id\":\"https:\/\/selena.com\/#\/schema\/person\/a5a7b01712126168af1f2dc4f5756671\"},\"headline\":\"The Selena Group has acquired the Portuguese holding company Grupo IGM. 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