Estonia's Competition Authority published on 9 October 2026 a merger notification under which Alpek OÜ plans to acquire sole control of Carpenter Engineered Foams OÜ. According to the non-confidential summary, Alpek and the Finnish Carpenter Engineered Foams Oy have signed a share purchase agreement for 100% of the Estonian company, which has no subsidiaries. Third parties have seven days to comment. Both companies import polyurethane foam in blocks, convert it — sheet, vertical, CNC contour and profile cutting — and sell the converted products mainly to Estonian customers; their overlap is foam conversion and wholesale of converted products in Estonia. Carpenter Estonia stopped pouring foam blocks in summer 2025 and now only converts imported foam. The filing states that Alpek's foam unit has been loss-making since 2024 and that Carpenter's Estonian operation remained loss-making after production was closed. Carpenter is divesting as part of integrating the specialty foams business it acquired from Recticel in 2023. The price was not disclosed.