Kilwaughter Minerals Limited is poised to join Saint-Gobain, pending regulatory approval.
- A binding agreement has been established between Saint-Gobain and Kilwaughter, awaiting the oversight of the Competition and Markets Authority.
- Kilwaughter, a renowned name in quarrying and mineral processing, has substantial operations near Larne, Northern Ireland, with 200 employees.
- With £50m in revenue as of April 2024, Kilwaughter is recognised for its robust product lines, including K Rend and K Systems.
- Both companies share aligned values focusing on sustainability, innovation, and quality, anticipating substantial synergies.
The French multinational Saint-Gobain has reached a binding agreement to acquire Kilwaughter Minerals Limited, a noted Northern Irish quarrying and mineral processing enterprise. This acquisition awaits regulatory scrutiny by the Competition and Markets Authority, with expectations set for completion in the first half of 2025.
Kilwaughter’s operations are centred around its limestone quarry near Larne, Northern Ireland, employing approximately 200 individuals. The company has carved out a strong reputation in the marketplace, bolstered by its popular brands, notably K Rend, K Systems, and Kilwaughter Lime, contributing to a revenue stream of around £50 million for the financial year ending April 2024.
Saint-Gobain, a global entity with a workforce of 160,000 people operating across 76 countries, views Kilwaughter as a strategic fit. Mike Chaldecott, Chief Executive of Saint-Gobain UK & Ireland, emphasised the acquisition’s alignment with the company’s objectives of enhancing their offerings in lightweight construction solutions, particularly for building facades and envelopes, aiding both structural efficiency and environmental benefits.
Highlighting shared values, Chaldecott notes the mutual focus on technical expertise and quality, innovation, and sustainability as vital drivers of this acquisition. He also pointed out Kilwaughter’s customer-focused approach, providing training and specification support, essential for maintaining high product standards and customer satisfaction.
Gary Wilmot, Kilwaughter’s Chief Executive, expressed enthusiasm about joining Saint-Gobain, viewing the merger as a continuation of Kilwaughter’s ambitious growth trajectory. Wilmot underscored the advantages of combining resources with Saint-Gobain, pinpointing the anticipated synergies that will enrich both teams and customer experiences, guided by a shared commitment to excellence.
The acquisition exemplifies a strategic alignment of visions and values, reflecting both companies’ dedication to quality, innovation, and sustainability.
