Kingspan completed the acquisition of the remaining stake in Nordic Waterproofing for SEK2.6bn.

Kingspan, a building materials company based in Ireland, completed the acquisition of the remaining stake in Nordic Waterproofing, a supplier of waterproofing products and services for buildings and infrastructure, for SEK2.6bn. "We have admired Nordic Waterproofing for some time due to its strong product and service offering across the Nordic region. It is a complementary geographical fit with our expanding Roofing and waterproofing division. We will continue to develop the business regionally with an enhanced range of roofing solutions. It is a great validation of the attractiveness of our offer that so far several of the Company's larger shareholders have sold their shares to Kingspan. Remaining shareholders will now receive a mandatory offer at the same level," Gene Murtagh, Kingspan CEO.