Kingspan Group to acquire Ondura Group for €550mn
LONDON, UK: Kingspan Group, the global leader in high-performance insulation and building envelope solutions, signed an exclusive put option agreement to acquire Ondura Group from Naxicap Capital Partners and others. The total consideration for the businesses will be €550m (debt free, cash free) payable in cash on completion. Ondura Group, comprising Onduline SAS, Alwitra Holding,…