SAINT-Gobain has completed the acquisition of Kilwaughter Minerals, a provider of façade mortars and EWI systems in the UK and Ireland.
In October, Saint-Gobain announced it had reached a binding agreement on the deal. Following the conclusion of the regulatory process, the transaction has now completed and Kilwaughter has joined the Saint-Gobain group.
This move strengthens Saint-Gobain’s light and sustainable construction solutions for the whole building envelope for both new construction and renovation with Kilwaughter’s brands: K Rend (supplying façade mortars including renders, mortars, external coatings) and K Systems – a solution for external wall insulation.
Kilwaughter operates a manufacturing facility and limestone quarry near Larne in Northern Ireland and employs about 200 people. The business also operates three distribution centres in the Republic of Ireland, Scotland and England.
Mike Chaldecott, CEO Saint-Gobain UK & Ireland, said, “We’re pleased to complete the acquisition of The Kilwaughter Group. The business is a great fit for with Saint-Gobain and will provide us with an even greater range and capacity to provide our customers with lightweight construction solutions for lightweight building façades and envelopes that make buildings better for occupants and the planet. The K Rend and K Systems brands are strong, well respected brands and the businesses focus on technical expertise and quality is fully aligned to Saint-Gobain.”
Gary Wilmot, CEO, Kilwaughter, added, “We’re delighted that the deal has completed and Kilwaughter will now become part of the Saint-Gobain family. This is the beginning of an exciting new chapter in our journey and we very much look forward to continuing to build the business and delivering success.”
