Following the conclusion of the regulatory process the transaction has now completed and Kilwaughter has now joined the Saint-Gobain group.
In October, Saint-Gobain announced it had reached a binding agreement to acquire Kilwaughter Minerals. The process has now been completed.
This acquisition strengthens Saint-Gobain’s light and sustainable construction solutions for the whole building envelope, for both new construction and renovation, thanks to Kilwaughter’s well-established and recognised brands: K Rend (supplying façade mortars including high-performance 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.
Accoring to Saint-Gobain and Kilwaughter, the two companies share many of the same priorities and values, including a strong focus on providing customers with the technical expertise, innovation and system specification they need to deliver their projects; a commitment to invest in training for customers to help support the decarbonisation of homes; a focus on health, safety and well-being of customers and colleagues and a focus on sustainability and carbon reduction.
Mike Chaldecott, CEO of Saint-Gobain UK & Ireland, commented: “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 of 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.”
