June 11, 2014: Knauf Insulation to Acquire Guardian Insulation
Transaction Includes Guardian Fiberglass
SHELBYVILLE, Ind., and AUBURN HILLS, Mich. — Knauf Insulation and Guardian Industries Corp. announced that a definitive acquisition agreement has been signed for Knauf Insulation to acquire Guardian Insulation. The transaction includes Guardian Fiberglass, a leading supplier of insulation products for the construction market, and Guardian Laminated Building Products.
Mark Andrews, CEO of Knauf Insulation in North America, said, “We are already one of the fastest-growing insulation companies globally, and this deal will firmly establish our leadership position in what is the largest insulation market in the world. It is an important step in our mission to become the global leader in energy efficient systems for buildings.