# Kingspan acquires Vestfold Plastindustri in Norway

Kingspan reached an agreement to acquire all shares in Vestfold Plastindustri AS, a Norwegian manufacturer of corrosion-free GRP tanks, including its subsidiaries. Vestfold Plastindustri had 86 employees and turnover of 150 MNOK in 2017.

- Type: Acquisition
- Announced: 2018-05-09
- Where: Norway
- Status: announced
- Products: corrosion-free tanks in glass fiber reinforced polyester (GRP)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Kingspan Group](https://endata.com/companies/20737.md) (acquirer)
- [Vestfold Plastindustri](https://endata.com/companies/31813.md) (target)

## Sources

- [translinkcf.com](https://translinkcf.com/2018/05/09/the-irish-company-kingspan-acquires-vestfold-plastindustri-in-norway/), 2018-05-09: "Kingspan has reached an agreement to acquire all the shares in Vestfold Plastindustri AS."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.