M&A Deal Summary

Kingspan Acquires NOW Contec

On April 21, 2023, Kingspan acquired building materials company NOW Contec from KAP

Acquisition Highlights
  • This is Kingspan’s 12th transaction in the Building Materials sector.
  • This is Kingspan’s 2nd transaction in Germany.

M&A Deal Summary

Date 2023-04-21
Target NOW Contec
Sector Building Materials
Buyer(s) Kingspan
Sellers(s) KAP
Deal Type Divestiture

Target

NOW Contec

Waldfischbach-Burgalben, Germany
NOW Contec focus is on the packaging of sheet materials for building protection as underlay sheets, vapor barriers, facade sheets, geotextiles, etc. NOW Contec is based in Waldfischbach-Burgalben, Germany.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Kingspan

Kingscourt, Ireland

Category Company
Founded 1965
Sector Building Materials
Employees24,802
Revenue 8.6B EUR (2024)
DESCRIPTION

Kingspan is a provider in high performance insulation, building fabric and solar integrated building envelopes. Kingspan delivers high efficiency, low cost and low carbon building solutions across a broad range of market sectors. Kingspan was founded in 1965 and is based in Kingscourt, Ireland.


DEAL STATS #
Overall 16 of 16
Sector: Building Materials M&A 12 of 12
Type: Divestiture M&A Deals 5 of 5
Country: Germany M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-24 Onduline

Suresnes, France

Onduline is a manufacturing and marketing bitumen based roofing materials mainly roofing sheets and roof deck sheets. Onduline develops, produces and sells light building materials produced from recycled fibers and oil. Onduline was founded in 1944 and is based in Suresnes, France.

Buy -

Seller(S) 1

SELLER

KAP

Fulda, Germany

Category Company
Sector Financial Services
Employees2,479
Revenue 252M EUR (2024)
DESCRIPTION

KAP is a strategic financial holding company that invests in and provides services to middle market businesses that fit within its overall portfolio. KAP is based in Fulda, Germany.


DEAL STATS #
Overall 2 of 2
Sector: Building Materials M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: Germany M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-29 it-novum

Fulda, Germany

it-novum provides IT solutions and products based on open source technologies since 2001. The monitoring solution openITCOCKPIT has been on the market since 2005 and was released in the completely revised version 4.0 last year. it-novum was founded in 2001 and is based in Fulda, Germany.

Sell €22M