Clifford Chance

Clifford Chance advises Kingspan on its acquisition of Troldtekt, a sustainable Danish manufacturer of natural low carbon acoustic insulation

Clifford Chance Brussels has advised Kingspan, the Irish based global leader in advanced insulation and building envelope solutions, on the acquisition of Troldtekt, a Danish manufacturer of natural low carbon acoustic insulation.

Trodtekt has been producing acoustic insulation panels made from natural materials in Denmark since 1935. Troldtekt's products are fully recyclable, free from hazardous substances and can be returned to nature.

This new partnership strengthens Kingspan's long-term commitment for a sustainable future in manufacturing and the acquisition fits perfect into Kingspan's strategy.

Kingspan is a longstanding client of Clifford Chance, and we are proud to work with them on another transaction supporting renewable and sustainable business practices.

The Brussels M&A team was led by senior associate Patrice Viaene with the support from associate Stéphanie Reul. The team also had due diligence support from our German team, partner Stefan Bruder and associate Natalie Hemberger. Danish partner firm Plesner assisted with the Danish and Swedish due diligence.

The transaction is still subject to regulatory filings, with closing expected in Q2.