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

Synopsis

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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