Kingspan Group plc announces that it has today completed the acquisition of a majority stake (c. 51%) in Steico SE from Schramek GmbH. Arising from the transaction, Kingspan has issued 1,004,960 shares to Schramek GmbH.
Steico is the world leader in natural insulation and wood-based building envelope products, based in Germany.
Kingspan Group plc is the global leader in high performance insulation and building envelope solutions.
