Kingspan Group Acquires Ondura

Kingspan Group, a manufacturer and distributor of insulation and building envelope solutions, has acquired Ondura Group, a waterproofing company. The acquisition, which falls on the heels of another recent acquisition of Derbigum, a waterproofing membrane producer, is part of Kingspan’s continued expansion into the roofing and waterproofing sector. The company says the Ondura is a global business focusing on waterproofing solutions for buildings and will significantly enhance Kingspan’s portfolio of building envelope solutions. The acquisition is fully aligned with its long-stated strategy to develop a broader portfolio of roofing solutions.