Brazil

Kingspan establishes Russia presence, seeks growth in Brazil

Gene Murtagh, CEO of Kingspan, at the company’s headquarters in Cavan. Photo: David Conachy
Gene Murtagh, CEO of Kingspan, at the company’s headquarters in Cavan. Photo: David Conachy

Kingspan has established an embryonic presence in Russia and has also started producing insulated panels in Mexico as it seeks to grow in Latin America, the Sunday Independent understands.

The insulation business has begun selling products in the key South American market of Brazil, where it sees potential for strong expansion. It’s understood the company has been researching the market for several years and has ambitions to make an acquisition to tap into Brazil. It has also begun selling products in Panama and Colombia, it is understood.

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