Saint-Gobain reaches binding agreement to acquire Kilwaughter | 15.10.24

(RTTNews) – Saint-Gobain has reached a binding agreement to acquire Kilwaughter, a leading player in facade mortars in Great Britain and Ireland. It operates renowned and recognized brands, including K Rend and K Systems.

Kilwaughter operates one manufacturing facility near Larne in Northern Ireland and employs approximately 200 people, with a strong focus on technical expertise and system specification. It generated revenues of approximately £50 million in the fiscal year ending April 2024 and will be consolidated in the Northern Europe region.

Completion of the transaction is expected in the first half of 2025.