Malaga-based insulation company Air-Cell Insulation has been acquired by Irish global building products manufacturer, Kingspan Group enhancing Air-Cell's product offerings and strengthening its position in the market.
Malaga-based insulation company Air-Cell Insulation has been acquired by Irish global building products manufacturer, Kingspan Group enhancing Air-Cell's product offerings and strengthening its position in the market.
As the nation's market leader in thermo reflective insulation, with sales approaching $30 million and a raft of environmental and building design awards to its name, Air-Cell managing director, Scott Gibson said aligned corporate values made the new venture a perfect fit.
"This step allows us to move forward as the demands and complexities of the industry grow, providing the materials and the knowhow to meet those needs, and bringing the benefits of insulation to an even greater audience," Mr Gibson said.
"Air-Cell has always held strong environmental values, and Kingspan's 'low carbon, low
energy' values give me great confidence that we are heading in the same direction, the right
direction for a sustainable future."
Founded in Ireland more than 40 years ago, Kingspan has operations in a range of product divisions including insulation, pre-insulated building panels, and environmental and renewable energy technologies.
Kingspan Insulation managing director, Peter Wilson was delighted to merge the two groups.
"We are looking forward to offering the Australian market some of the best insulation products available in the global construction industry, providing cutting edge technology aimed at reducing our carbon footprints," Mr Wilson said in a statement
Air-Cell had grown significantly in the past few years, increasing in staff size from a team of 10 to around 40 since 2004 after initially setting up shop in a garage back in 1997.
AIR-CELL INNOVATIONS JOINS KINGSPAN
Australian insulation company Air-Cell Innovations Pty Ltd has been acquired by the global
building products manufacturer Kingspan Group, the world's largest manufacturer of
premium and high performance rigid insulation materials.
Air-Cell Innovations produces a comprehensive range of thermo-reflective insulation
products, and is well established in the Australian market. Kingspan Group is recognised as
one of Europe's leading and fastest growing insulation manufacturing companies, known for
its Kooltherm, Therma and KoolDuct product ranges.
The merging of the two companies in this new venture will allow an exceptional range of
products and expertise to be offered to the Australian market, which already enjoys a high
level of quality and technical support from Air-Cell.
Air-Cell Managing Director, Scott Gibson, said of the move "This step allows us to move
forward as the demands and complexities of the industry grow, providing the materials and
the knowhow to meet those needs, and bringing the benefits of insulation to an even greater
audience."
Mr. Gibson said that corporate values also made the new venture a perfect fit.
"Air-Cell has always held strong environmental values, and Kingspan's 'low carbon, low
energy' values give me great confidence that we are heading in the same direction, the right
direction for a sustainable future," he said.
His sentiments were echoed by Peter Wilson, Managing Director of Kingspan Insulation,
who added "We are delighted to be merging these two respected brands together. We are
looking forward to offering the Australian market some of the best insulation products
available in the global construction industry, providing cutting edge technology aimed at
reducing our carbon footprints."
