Displaying items by tag: distribution
Sto to acquire Stoanz
14 March 2024New Zealand: Germany-based building products and systems producer Sto has concluded a deal to acquire its New Zealand distribution partner Stoanz. Sto says that it expects to complete the acquisition on 1 April 2024.
Sto is the market leader in external wall insulation systems in New Zealand. Its other products and services include façade elements and concrete repairs.
TechnoNICOL to establish distribution centre in Minsk
01 December 2023Belarus: Russia-based TechnoNICOL has bought a 15,000m2 site in Minsk. PrimePress News has reported that the producer plans to build a US$333,000 distribution centre and storage facility for insulation and other products at the site. Additionally, the facility will store and distribute products from Knauf Insulation, Cerezit, Beltep, Skyprofile, Typhoon and Ilmax. TechnoNICOL plans to triple the total number of products it sells in Minsk, with a specific focus on its rough interior finishings portfolio.
PGF Capital opening mineral wool distribution centres in Australia
13 February 2023Australia: Malaysia-based PGF Capital is preparing to open three distribution centres at Brisbane, Perth and Sydney. The mineral wool insulation producer set up its new regional headquarters in Melbourne in the third quarter of 2022, according to the New Straits Times newspaper. The site at Brisbane is set to become fully operational in March 2023, the site in Perth in May 2023 and the site in Sydney is expected to be operational in the third quarter of 2023.
The expansion drive is part of a project to grow its business in Oceania. Another market that the company is targeting is South Korea. PGF Capital and its subsidiary PGF Insulation said it has started making modifications to its production line at Perai in Penang to meet the local market requirements. it plans to start supplying insulation products to the country later in 2023.
Galaxy Insulation & Dry Lining opens North Shields depot
19 March 2021UK: Insulation distributor Galaxy Insulation & Dry Lining has opened a new depot in North Shields, Tyne and Wear. Business Desk has reported that the company selected the location for the 3440m2 to better serve customers in the North East of England. It currently employs 225 people across its eight locations in South Yorkshire, West Yorkshire, Merseyside, West Midlands, Bedfordshire and Greater London. Stephen Mann will direct operations at the new facility.
Managing director Tracy Shepherd said, “We have always wanted a presence in the North East but knew it was vital to have a local team with the right experience and understanding of what customers in the area expect. We are certain we now have the right team, led by Stephen, to deliver the competitiveness, expertise and service that the businesses in the area deserve.” He added, “Our model is to keep things as simple as possible so the team on the ground have everything they need to provide the best customer service possible.”
CertainTeed Canada strikes glass mineral wool insulation distribution deal with CanWel Building Materials
26 June 2020Canada: CertainTeed Canada has started a multi-year partnership with CanWel Building Materials for the distribution of glass mineral wool insulation products via CanWel’s networks. CanWel has added CertainTeed’s insulation products to its Lumber, Building Materials channel. CanWel has its headquarters in Vancouver, British Columbia and it distributes a range of building materials, lumber, and renovation products.
Saint-Gobain sells Civil Engineering Materials Distribution (DMTP)
06 December 2019France: Saint-Gobain has announced the sale of its subsidiary Civil Engineering Materials Distribution (DMTP) to Frans Bonhomme Group on 29 November 2019 for Euro70m. This brings the total value of Saint-Gobain’s 2019 divestments to Euro3.3bn. It has stated that it will proceed with the sale of its assets, in spite of having exceeded its target of Euro3.0bn before 1 January 2020.
Evonik appoints Emco-Inortech as distribution partner for polyurethane market in Canada
15 October 2018Canada: Germany’s Evonik has appointed Canadian chemical distributor of specialty raw materials, Emco-Inortech, as its national distributor for the polyurethane coatings, adhesives and sealants and elastomers (CASE) market in Canada. Emco-Inortech is based in Terrebonne, Quebec with regional public warehousing throughout the country.
“Polyurethane is a versatile material ideally suited for a wide range of CASE applications and with Emco-Inortech knowledge of the local CASE markets, we hope to further develop our Canadian business,” said Peter Hohl, Vice President Americas, Comfort & Insulation, Evonik.
US: Huttig Building Products has announced a national distribution agreement with Knauf Insulation. The building materials distributor will carry a variety of Knauf Insulation products. The deal is the latest in a series of moves by Huttig to secure more brands and to broaden its range.
Canada: CanWel Building Materials has entered into a multi-year agreement with Knauf Insulation for distribution of its mineral wool insulation products to the Lumber and Building Materials (LBM) channel across Canada.
"We are excited to extend our product offering for the LBM channel to include this high quality product line and to partner with one of the world's largest manufacturer of glasswool insulation," said Marc Seguin, President of CanWel.