Covertech's Parent Company Acquires Reflectix Insulation

Toronto, ON, - Balcan Innovations Inc., the parent company of Covertech Flexible Packaging, which manufactures rFOIL insulation, has acquired Reflectix Inc., a leader in reflective insulation and radiant barriers.

Reflectix offers a wide range of reflective insulation and radiant barrier products for construction.

“The acquisition of Reflectix brings the two top reflective insulation and radiant barrier manufacturers under one umbrella at Balcan Innovations,” said John Starr, Vice President, Covertech/rFOIL Division. “We will continue to manufacture products recognized for their thermal performance and ease of installation for a growing number of markets.”

Eric Orologio, president of Balcan, said the acquisition demonstrates Balcan’s vision to be the North American leader in custom films, flexible packaging and reflective insulation, with a commitment to excellence and innovation.

“We remain committed to the strong partners who have been integral in our success,” said Orologio. “This acquisition will allow us to broaden the range of solutions to customers while continuing our commitment to quality, innovation and service.”

About Reflectix

Reflectix began as an energy-management company in the early 1980s and became a reflective insulation and radiant barriers leader. Reflectix is dedicated to researching, developing and manufacturing technically advanced energy barriers designed to reduce consumption and be non-detrimental to the environment. The developed products are safe, easy to use and provide significant economy for the user wherever there is a desire to control heating and cooling. Reflectix has achieved the ISO certification to ensure its customers’ highest and consistent product quality.

About rFOIL by Balcan Innovations Inc.

Established in 1990, rFOIL Reflective Insulation and Radiant Barrier Products are produced and distributed from a modern 107,000 sq. ft. facility in Toronto, Canada. With high production capacity, quick order fulfillment is provided worldwide.

rFOIL insulation has a unique construction that is specially designed to reduce radiant heat gain or loss in commercial and residential applications. The bubble core and the metalized film (outer layer) provide the perfect combination of heat reflection and thickness for optimal thermal values and performance. To learn more, visit https://rfoil.com.