Ondura joins Kingspan and integrates its new “Roofing and Waterproofing” division

Ondura, created around the French company Onduline, is a specialist in lightweight roofing solutions. Owner of alwitra, which specializes in high-performance membranes for flat roofs, and of the Polish company CB, one of the European leaders in underlay screens and roofing accessories for pitched roofs, Ondura has a great expertise in the water and airtightness of buildings and develops its activities on five continents. Directed by Patrick Destang, Ondura is present in more than 100 countries and employs 1.600 people.

Ondura is taking a new step by joining the Kingspan group, world leader in high performance solutions for insulation and the building envelope. The merger, announced in February 2022*, has just received the validation of the regulatory authorities.

At the end of this integration, Kingspan, present in more than 70 countries and having more than 200 production sites in the world, will operate in six major poles:

• Insulated Panels: Insulated sandwich panels, main and historic division of Kingspan,
• Insulation: Insulation panels, insulation of pipes and ducts,
• Light + Air: Natural lighting and ventilation solutions, smoke evacuation system,
• Water & Energy: Innovative rainwater collection and flood control systems, storage of fuels, hot water, intelligent building management,
• Data & Flooring Technology: Raised Floor Systems.
• Roofing & Waterproof - Roofing solutions based on Ondura's know-how.

*See press release dated February 18, 2022: "Kingspan, the world leader in high performance insulation and building envelope solutions, has entered into exclusive negotiations with Naxicap Partners and others for the acquisition of the Ondura group"

While the building sector is in full energy and ecological transition, this new stage is particularly promising for the development of Ondura, which will benefit from all the support of a leading group.

For Patrick Destang, CEO of Ondura: “The integration of Ondura into Kingspan is excellent news for all of the group's employees. Kingspan is a deeply international group, resolutely turned, with its "Planet Passionate" program, towards an ambition of reducing energy consumption and sustainable development in accordance with the IPCC's 1,5°C scenario. Global warming and economic uncertainties demonstrate the importance of taking advantage of roofs and waterproofing systems that are thermally efficient and energy efficient. Ondura, which has unique positions in this segment, will benefit from all of Kingspan's experience and know-how in this area to offer solutions that are ever more respectful of the planet and its resources. I would like to thank Eric Aveillan and the Naxicap team who have been essential partners in the development of Ondura, who have supported us in our internal and external growth projects, enabling the group to double its turnover between 2018 and 2021, including acquisitions of alwitra and CB. »

For Donald Curtin, Managing Director of Roofing & Waterproofing at Kingspan: “Ondura's management, entire team and premium brands represent significant benefits for Kingspan, complementing our existing capabilities, products and solutions. Eager to continue our expansion in the roofing and waterproofing markets, we look forward to growing together and sharing our expertise. We are excited to welcome the extended Ondura team to the Kingspan family and support the continued success of the business. »