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Announced

Completed

Kingspan Group completed the acquisition of Ondura for $625m.

Financials

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Transaction Value£459m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.3x
EV/EBITDA8.73x
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Majority

France

Household Furnishings

roofing

Single Bidder

Cross Border

Building Roofing/Wallboard and Plumbing

Friendly

Completed

Synopsis

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Kingspan Group, a building materials company, completed the acquisition of Ondura, a roofing and waterproofing solutions specialist, for $625m. The acquisition of Ondura is expected to increase Kingspan Group EBITDA by approximately 7% on a full year basis. The acquisition is fully aligned with Kingspan's long stated strategy to develop multiple technologies in roofing applications and will serve as our global platform for advancing these solutions.

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