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Feb 4 2025, 10:50 GMT
The announcement that Kingspan is seeking, and is likely to take, full ownership of Nordic Waterproofing is a logical conclusion to a process that essentially began in Q3 2022. Nordic Waterproofing will extend Kingspan’s presence in the European roofing and waterproofing category. As it already owned almost 88% of Nordic Waterproofing, which was incorporated into our financial modelling, taking full ownership will have limited impact on 2025 forecasts.
Feb 4 2025, 10:50 GMT