# Kingspan Group acquires 51% stake in Villalba Aceros in Chile

Kingspan Group acquired a 51% stake in Chilean steel profile and insulated panel manufacturer Villalba Aceros, marking its entry into Chile and expanding its Latin American presence.

- Type: Acquisition
- Announced: 2024-12-27
- Where: Chile
- Status: completed
- Products: steel profiles, insulated panels
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Kingspan Group](https://endata.com/companies/20737.md) (acquirer)
- [Villalba Aceros](https://endata.com/companies/82046.md) (target)

## Sources

- [df.cl](https://www.df.cl/empresas/industria/gigante-irlandesa-kingspan-group-aterriza-en-chile-tras-compra-del-51), 2024-12-27: "Estamos seguros de que esta asociación será un éxito."

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