Tankworks Joins Kingspan
Tankworks Australia has reached an agreement to join the global building products manufacturer Kingspan Group, the world’s largest manufacturer of premium and high performance insulation and building fabric solutions.
Tankworks is the leading manufacturer and supplier of steel based rainwater harvesting systems in Australia. Kingspan’s environmental portfolio offers world leading, premium and innovative solutions for wastewater, rainwater management, service and telemetry, solar hot water, energy storage and renewable energy generation.
The acquisition will allow an exceptional and unparalleled range of products and expertise offered to the Australasia markets.
The business has been renamed Kingspan Environmental Pty Limited. Stuart Heldon, Business Unit Director of the business said of the move “This is a very exciting time for our business. Kingspan Environmental’s ambitious growth plans and their extensive sustainable product portfolio will offer our customers and a wider market audience an exceptional product choice and excellent customer service.
Stuart said that the corporate values of both businesses also made the new venture a perfect fit.
“Tankworks has always held strong environmental and people values, as does Kingspan, and that gives me great confidence that we are heading in the same direction, the right direction for a sustainable future,” he said.
His sentiments were echoed by Pat Freeman, Managing Director of Kingspan’s Environmental Division, who added “We are delighted to be merging these two respected brands together. We are looking forward to offering the Australasian markets some of the best environmentally responsible and sustainable products available in the global construction industry, providing cutting edge technology for both homes and businesses.”
About Kingspan Environmental
Kingspan Environmental offer premium and sustainable ways of sourcing, storing and protecting energy and water. We are experts and innovators in the following fields; environmentally responsible Rainwater Harvesting Solutions, Energy Storage Solutions, Wastewater Treatment and Water Recycling, Wind and Solar Energy Generation and Hotwater Energy Storage, we also offer affordable Monitoring and Service packages for all the products we supply, powering homes and businesses on a global scale.
Kingspan Environmental is a division of the Kingspan Group, which has operations in a range of product divisions including pre-insulated building panels, environmental technologies, and renewable energy technologies. Founded in Ireland in the late 1960’s the Kingspan Group is now a global business with a turnover of around €2.6 billion across all its divisions.