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New Deal


Announced

Kingspan Group terminated its acquisition of Building Solutions from SIG.

Financials

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Transaction Value£37m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Building Materials: Other

Acquisition

Majority

building solutions

Single Bidder

United Kingdom

Private

Friendly

Failed

Synopsis

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Kingspan Group, a provider of building envelope solutions, terminated its £37.5m acquisition of Building Solutions, a manufacturer and distributor of building envelope solutions, from SIG, a supplier of special building materials to trade customers. SIG is currently reviewing a number of options regarding the Building Solutions business and will provide further updates when appropriate.

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