Kingspan Group Plc’s Acquisition of 51% stake in Isoeste Construtivos Isotérmicos S.A.


Demarest and Veirano advised on the deal

Kingspan, the global leader in high performance insulation and building envelope solutions, has finalized the acquisition of 51% of Isoeste Construtivos Isotérmicos S.A.

Based in Ireland and led by Gene M Murtagh, Geoff P Doherty, Russell Shiels, Peter Wilson and Gilbert McCarthy, Kingspan Group plc recorded interim results for the period ended 30 June 2017 with Revenue up 19% to €1.75 Billion

Isoeste is the leading insulated panel manufacturer in Brazil, operating from four sites with approximately 630 employees, and with forecast sales for 2017 of circa R$500m (€134m).

Demarest advised Kingspan with Paulo Coelho da Rocha (Picture), Eloisa de Almeida Rego, Nuno Faria, Thais Fontoura Lipinski and Rodrigo Salem.

Veirano advised Isoeste Construtivos Isotérmicos S.A. with Alexandre Verri, Bruno de Oliveira Morimoto, Diego Yago Rodrigues da Silva and Rodrigo Martins Duarte.

Involved fees earner: Paulo Coelho da Rocha – Demarest; Nuno Faria – Demarest; Rodrigo Nascimento Salem – Demarest; Eloisa de Almeida Rego Barros Curi – Demarest; Thais Fontoura Lipinski – Demarest; Alexandre Verri – Veirano Advogados; Bruno de Oliveira Morimoto – Veirano Advogados; Diego Yago Rodrigues da Silva – Veirano Advogados; Rodrigo Martins Duarte – Veirano Advogados;

Law Firms: Demarest; Veirano Advogados;

Clients: Kingspan Group plc; Isoeste Construtivos Isotérmicos S.A.;

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Author: Ambrogio Visconti.