Both Thermakraft and Ausmesh occupy leading brand positions within their respective segments and have significant customer synergies with the existing Kingspan Insulation business, manufacturing out of several sites across Australia and New Zealand.
Dwayne Warby, Managing Director, Thermakraft stated, “The acquisition will merge our two brands and allow a wider range of products and expertise to be offered to the New Zealand and Australian markets. While we will have a new owner, our company will remain the same, continuing to manufacture its market leading products under our well-established Thermakraft and Ausmesh Brands.”
Warby continued, “This is an extremely exciting opportunity for us as a team to be part of something bigger, while remaining true to our values and our culture”.
For any press enquiries, please contact
Scott Gibson, Managing Director Kingspan Insulation APAC: Ph +61 (0)419 951 201