Kingspan Group plc (“Kingspan”) Consolidates Position in Latin America

Kingspan Group plc, the global leader in high performance insulation and building envelope solutions, is pleased to announce, the acquisition of a 51% stake in Villalba, a manufacturer of Insulated Metal Panels and related products in Santiago, Chile.

Together with the 51% stake recently secured in the Kingspan MV joint venture in Asuncion, Paraguay, this now brings our total facility count across Latin America to eleven. This also include operations in Colombia, Panama, two in Uruguay and five facilities throughout Brazil. Annualised revenue in the region is now approximately €500m which to date has been solely concentrated on the Insulated Panels business stream.

About Kingspan

Kingspan is an Ireland-based building materials company with headquarters in Kingscourt, Ireland. The company was founded in the 1960’s by Eugene Murtagh who is also the largest shareholder of the company. Kingspan has been listed on the Irish Stock Exchange since 1989. Kingspan operates through five divisions: Insulated Panels, Insulation, Light, Air & Water, Data & Flooring and Roofing & Waterproofing. In 2022, total sales amounted to approximately EUR 8.3 billion with an EBITDA close to EUR 1 billion. For more information, visit www.kingspangroup.com.

Contact:

Lorcan Dowd – Company Secretary – + 353 (0)42 9698000

Source: Kingspan Group plc