Kilwaughter Minerals Acquired by Saint-Gobain

Kilwaughter Minerals Limited is to become part of the multi-national Saint-Gobain group after they reached a binding agreement for Saint-Gobain to acquire the Northern Irish quarrying and mineral processor.

As per normal process, the acquisition has been forwarded to the Competition and Markets Authority with closing of the transaction expected in the first half 2025.

Saint-Gobain is a global leader in the design and manufacture of solutions for the construction industry and employs 160,000 people across 76 countries globally. It has a wide-ranging portfolio of lightweight construction solutions for building facades and envelopes, with its emphasis on making buildings better for occupants and the planet.

Kilwaughter has its headquarters at its limestone quarry in Larne, Northern Ireland from where it serves its construction and agriculture customers throughout the UK and Ireland, with distribution centres in Glasgow, Cork and St Helens.

Known for leading brands K Rend, K Systems and Kilwaughter Lime, the company has delivered continued success in recent years, with a clear strategy centred around outstanding customer service and innovative products. To year end (April 2024), Kilwaughter generated revenues of circa £50m and has over 200 employees.

Gary Wilmot, CEO of Kilwaughter Minerals said:

“We’re excited with the opportunity to join the Saint-Gobain group and continue Kilwaughter’s ambitious growth journey.

“Kilwaughter has a rich company culture and heritage, and our focus remains on delivering a leading customer experience, underpinned by our trusted brands. We look forward to the added synergy that Saint-Gobain will undoubtedly bring and sharing our passion for innovation, quality and excellence.

“We see the alignment of the vision and values between both companies as a strong building block for our teams and customers.”

As stated above, the transaction is subject to the satisfaction of customary closing conditions.

ENDS

For further information please contact:

Stephen Smith, Lighthouse Communications, Tel: 07740946900 or [email protected]

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group’s commitment is guided by its purpose, “MAKING THE WORLD A BETTER HOME”.

For more information about Saint-Gobain, visit www.saint-gobain.com

About Kilwaughter Minerals Ltd

• Established in 1939, Kilwaughter Minerals Limited is a quarry and mineral processor headquartered on a 187-acre site in Larne, Co Antrim, Northern Ireland
• Kilwaughter produces calcium carbonate-based products including, limestone sands, aggregates, derivative products for construction and broader industry and a range of products for the agriculture and landscaping sectors
• Kilwaughter’s brands include Kilwaughter Lime, K Systems and K Rend, with K Rend being the UK and Ireland’s largest independent silicone render manufacturer
• In 2023, K Rend secured the coveted Supplier of the Year accolade at the national Builders Merchants Awards
• Kilwaughter Minerals also has enjoyed long-running award success in the national INCA Awards, Construction Marketing Awards, and Builders Merchants Federations awards, as well as local accolades for CSR initiatives, workplace and employee wellbeing, and overall company performance
• Kilwaughter Minerals was recognised in 2024 as a Best Managed Company by Deloitte Ireland as part of the international Best Managed Company Programme for the third year running

For more information on Kilwaughter Minerals Limited, visit www.kilwaughter.com