Knauf Insulation Completes Acquisition of Guardian Insulation
Shelbyville, IN (August 11, 2014) – 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 intoKnauf 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 anexceptional company with leadership in technology, innovation and sustainability.Knauf Insulation plans to bring its industry-leading technology to the existing Guardian Insulation facilities, thistransformation will begin this year.
“Our customers are going to see clear benefits, not the least being greater flexibilitythat comes withan expanded manufacturing footprint. With more than doublethe production capacity of glass mineral wool at our disposal, this integration will certainly positionKnauf Insulation as a leading manufacturer throughout North America that is more than capable of meeting the needs of a growing market.”