Kingspan continues Latin America expansion with stake in Chilean company

Kingspan chief executive Gene Murtagh. Cavan-based insulation specialist has acquired a 51 per cent stake in a manufacturer of insulated metal panels in Chile as it continues to expand its presence in Latin America.

The group’s footprint includes operations in Colombia, Panama, two in Uruguay, and five facilities throughout Brazil. Annualised revenue in the region is now approximately €500 million, which to date has been solely concentrated on the insulated panels business stream. “I see our entry into Brazil as the beginnings of us taking on the Latin American market,” Mr Murtagh told reporters after the meeting.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

IrishTimes /  🏆 3. in NL

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Al Gore’s ethical investment fund buying shares again in KingspanGeneration Investment Management spends about €16 million to increase its stake in the insulation manufacturer from 2.9% to 3.01%
Lees verder »