The ORAFOL Group is acquiring the Belgian developer and manufacturer of solar protection films, Group M.A.M., in full as of September 28, 2026. This step was originally planned for 2029. Since the initial investment in October 2024, full integration had already been defined as a shared goal. With the accelerated acquisition, ORAFOL is specifically strengthening its new Functional Films business unit. The portfolio is being further expanded, particularly in the segment of spectrally selective and reflective solar protection films. These solutions are gaining global importance due to increasing demands for energy efficiency, heat protection, and climate protection. Through the full integration of Group M.A.M.’s technologies, ORAFOL underlines its ambition to be among the leading providers of premium solutions in this market.
Dr. Holger Loclair, Chairman & CEO, ORAFOL, explains the decision as follows: “We see that the cooperation with Group M.A.M. is developing in a direction that allows us to take the next step earlier than planned. The technology is excellent. Our expectations have been met and, according to independent research institutes, even exceeded in terms of effectiveness. On this basis, the acquisition already this year makes sense and will accelerate our growth trajectory.” Luc Michiels, CEO of Group M.A.M, comments: “The collaboration with ORAFOL elevates our technology to the next industrial scale-up level. With this step, we are addressing a strongly growing global market with technologically leading products and personal service worldwide. From the beginning, we shared the ambition to make our technology available to a much broader international market. Becoming part of ORAFOL gives us the industrial strength, global reach and long-term vision to accelerate that ambition while continuing to innovate for our customers.”