Nordic Waterproofing informs Kingspan made a mandatory offer of SEK 160 per share to buy outstanding shares; Kingspan has acquired shares representing 30.9% of shares and votes in Nordic Waterproofing

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October 13, 2023 (press release) –

On 13 September 2023, Nordic Waterproofing Holding AB’s (“Nordic Waterproofing”) main owner Kingspan Holdings (IRL) Limited (“Kingspan”) announced that Kingspan has acquired shares in Nordic Waterproofing resulting in Kingspan owning shares which in total corresponds to 30.9 per cent of the shares and votes in Nordic Waterproofing. Thereby, the threshold for a mandatory offer in accordance with the Swedish Takeover Act was exceeded and today on 10 October 2023, Kingspan made a mandatory offer of SEK 160 per share to the shareholders of Nordic Waterproofing (the “Offer”). The acceptance period for the Offer is estimated to commence on or about 23 November 2023 and expire on or about 1 February 2024. For further information, please refer to Kingspan’s press release, Offer for Nordic Waterproofing Holding AB (

The Board will evaluate the Offer and a statement on the Board’s opinion regarding the Offer is intended to be submitted well in advance of the expiration of the acceptance period for the Offer.

For further information, please contact:

Palle Schrewelius, CFO and Investor Relations
Telephone: +46 707 82 79 58

Nordic Waterproofing in brief

Nordic Waterproofing is one of the leading providers in the waterproofing market in northern Europe. The Company provides high-quality products and solutions for waterproofing in Sweden, Finland, Denmark, Norway, Belgium, the Netherlands, Poland, the United Kingdom and Germany. Nordic Waterproofing also provides installation services through wholly-owned subsidiaries or part-owned companies in Sweden, Finland, Denmark and Norway. The Company markets its products and solutions under several brands, all with an extensive heritage, most of which are among the most established and well-recognized brands in their respective markets, such as Mataki, Trebolit, Phønix Tag Materialer, Kerabit, Byggpartner, SealEco, Distri Pond, Taasinge Elementer, RVT, Urban Green and Veg Tech. Nordic Waterproofing Holding AB is listed in the Mid Cap segment on Nasdaq Stockholm with the stock ticker NWG.

Additional information about Nordic Waterproofing is available at


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