Knauf Insulation Completes Acquisition of Guardian Insulation
08/11/2014
Shelbyville, IN — 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.”
ABOUT KNAUF NORTH AMERICA
Knauf North America is part of Knauf Group, a family-owned global manufacturer of building materials based in Iphofen, Germany. As a multi-billion-dollar company, Knauf leverages the expertise of more than 40,000 employees across 300 production facilities in 90 countries. In North America, Knauf is a leading manufacturer of thermal and acoustical fiberglass insulation for residential, commercial, industrial, and metal building applications. Knauf’s mission is to challenge conventional thinking and create innovative solutions that shape the way we live and build in the future, with care for the people who make them, the people who use them and the world we all depend on. For more information, visit www.knaufnorthamerica.com.
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