Acquisition of LOGSTOR by Kingspan

Kingspan Group

Posted on

7 Jun


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Dittmar & Indrenius > References > > Acquisition of LOGSTOR by Kingspan

We advised Kingspan Group on its acquisition of LOGSTOR, a strong market leader in pre-insulated pipes for District Energy and Industrial Applications with a revenue of EUR 244 million. We prepared and filed the merger control notification in Finland and obtained a swift, unconditional Phase I clearance of the FCCA on 7 June 2021.

Kingspan is the world market leader in high performance insulation and building envelope solutions with a workforce of more than 15,500 people. Kingspan had a revenue of EUR 4.6 billion in 2020 and it has five main business streams across 166 manufacturing sites in over 70 countries.

LOGSTOR is the world’s leading supplier of pre-insulated pipe systems, not only for district heating, but also for district cooling, oil and gas, and various industrial verticals. LOGSTOR is an international enterprise with sales and production companies in Denmark, Sweden, Finland and Poland. It has sales to more than 50 markets through resellers and own sales companies in nine different countries. LOGSTOR has over 1,200 employees and its sales in 2020 were EUR 244 million.

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