Latest News Tue, Mar 22, 2016 5:03 PM
Kingspan continues to demonstrate its strength in the insulated panel and coldstore markets with the acquisition of ThyssenKrupp Construction Group and Rigidal Industries LLC; a double move that brings together some of the most well respected brands in the industry worldwide and further consolidates Kingspan’s position as a global player.
The ThyssenKrupp Construction Group, which trades under the market leading brands of Hoesch, Isocab and EMS, comprises seven well-invested manufacturing facilities in Germany, France, Belgium, Austria and Hungary. The different product ranges complement Kingspan’s existing range, and the acquisition allows even greater penetration of the growing market in Mainland Europe for high performance building envelopes. The different brands will retain their own unique identity, and Kingspan is committed to continuing to invest in supporting and developing them further.
Rigidal Industries LLC is a leading Middle Eastern manufacturer of composite panels and roofing systems based in Dubai with an extensive route to market in the Gulf region. The Middle East carries huge potential for growth, and the combination of the Rigidal brand with Kingspan’s renowned technical expertise will position both businesses to take full advantage of this.
This latest development allows Kingspan to push the boundaries of insulated panel technology and building envelope performance on a global scale. The many benefits of these systems are clearly demonstrable in a wide range of climactic conditions, and the acquisitions provide the platform to deliver a comprehensive service to customers across Europe and the Middle East.
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