Coverworld UK Limited has been acquired by Kingspan Group plc

Coverworld UK Limited has been acquired by Kingspan Group plc from Moorhen Holdings Limited, strengthening Kingspan’s market presence in the UK’s steel cladding sector.

Coverworld is one of the UK’s leading producers and suppliers of single- and twin-skin coated steel cladding systems. Established in the 1980s, the company now processes more than 25,000 tons of steel coil annually and offers one of the most extensive ranges of profiled sheet options available in the UK. Strategically located near the national motorway network, Coverworld operates from a high tech, purpose-built facility and manages its own fleet of vehicles equipped with self-offloading systems to deliver exemplary service. The company is known for its commitment to quality, competitive pricing and a customer-centric approach that often gives it an edge over larger, mill-owned suppliers.

Kingspan is a building materials company based in Ireland, trading in over 80 countries with more than 210 factories and a workforce of over 22,000 employees. The company is structured into six divisions: insulated panels, insulation, light and air, water and energy, data and flooring and roof and waterproofing.

Moorhen Holdings is a UK-based group engaged in the manufacturing and distribution of steel cladding systems, property trading and letting and farming activities.

Oaklins S&W, based in the UK, acted as the lead advisors to Coverworld on its successful sale to Kingspan.