Knauf Acquires Guardian Insulation
Knauf Insulation has completed its acquisition of Guardian Insulation. The transaction includes Guardian Fiberglass, a leading supplier of insulation products for the construction market, and Guardian Laminated Building Products. Guardian Fiberglass will be integrated into Knauf Insulation and Guardian Laminated Building Products has become Silvercote LLC.
“This is a landmark day for Knauf Insulation. This acquisition is an important step in our mission to become the global leader in energy efficient systems for buildings,” said Mark Andrews, CEO of Knauf Insulation in North America. “Combining the talent from two complementary organizations will help create an exceptional company with leadership in technology, innovation and sustainability. Knauf Insulation plans to bring its industry-leading technology to the existing Guardian Insulation facilities, this transformation will begin this year.
“Our customers are going to see clear benefits, not the least being greater flexibility that comes with an expanded manufacturing footprint. With more than double the production capacity of glass mineral wool at our disposal, this integration will certainly position Knauf Insulation as a leading manufacturer throughout North America that is more than capable of meeting the needs of a growing market.”