Grupo LTN has entered into a strategic joint venture with Kingspan Group
July 2026 — Grupo LTN has entered into a strategic joint venture with Kingspan Group plc, a global leader in sustainable building solutions and high-performance insulation. The partnership between the Mendoza-based industrial group and the European multinational aims to strengthen Grupo LTN’s regional leadership and accelerate the adoption of dry construction and energy-efficient building solutions across Argentina and South America. It combines Grupo LTN’s regional expertise and industrial capabilities with Kingspan’s global technology, innovation and scale to support the company’s next phase of growth in South America.
With more than 50 years of experience and roots in the province of Mendoza, Argentina, Grupo LTN is an industrial conglomerate specializing in the production of construction solutions based on insulated thermal panels and refrigeration systems. The company operates manufacturing plants in Mendoza and Buenos Aires, exports to more than 10 countries across the region and serves thousands of customers in the industrial, commercial and residential sectors.
Founded in Ireland, Kingspan Group is a global leader in advanced building envelope solutions, high-performance insulation and systems designed to improve energy efficiency and building performance. The company has a commercial presence in more than 80 countries, operates 278 manufacturing facilities worldwide and employs over 29,000 people. Kingspan advances its global sustainability and decarbonization strategy through its Planet Passionate program.
Our role in the transaction
Oaklins’ team in Argentina acted as the exclusive financial advisor to the Bernardi family and Grupo LTN’s management throughout the various stages of the transaction. The team advised on the identification and evaluation of strategic alternatives, valuation, transaction structuring, due diligence, negotiation of economic and governance terms and overall coordination of the process through closing. The transaction reflects the team’s experience and execution capabilities in M&A transactions and cross-border strategic partnerships, supporting shareholders, family-owned businesses and Argentine companies in identifying and partnering with international strategic investors.
Gustavo Bernardi
President, Grupo LTN
Talk to the deal team
Santiago Azcueta
Oaklins VALO Columbus
Related deals
JP Chick & Partners has been acquired by Qflow
J P Chick & Partners Ltd. has been acquired by Qflow Group AB, strengthening Qflow’s presence in the UK. With nearly 40 years of experience, an established presence in the East of England and broad expertise in structural, civil and environmental engineering, J P Chick complements the capabilities of Qflow’s existing UK businesses. The acquisition further expands Qflow’s UK operations and strengthens its multidisciplinary engineering offering.
Learn moreDe Groot Installatiegroep has acquired a stake in Pesch Electrotechniek
De Groot Installatiegroep has acquired a stake in Pesch Electrotechniek, a specialist in industrial electrical installations and electrical engineering services based in Rozenburg, the Netherlands. Through the acquisition of Pesch, De Groot Installatiegroep enters the industrial electrical installation market and establishes a presence in the Rotterdam port region. For Pesch, the partnership provides access to the resources, capabilities and broader technical expertise of a larger installation group, while allowing the company to build on its existing customer relationships and specialist market position.
Learn moreValuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn more