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Kingspan . Acquisition of BMC Manufacturing Group Released : 11/08/2026 17:00:00 Kingspan Group plc THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE 11 August 2026 Kingspan Group plc ( " Kingspan " ) announces the acquisition of BMC Manufacturing Group Kingspan , the global leader in high performance insulated building envelopes and bespoke critical infrastructure , is pleased to announce that it has entered into an agreement to acquire 100 % of BMC Manufacturing Group ( " BMC " ) . BMC is a fast - growing power management systems business , which designs , engineers and manufactures low voltage switchgear and critical power management solutions for the data centre industry . Its outstanding quality , efficiency , and customer centric services have established it as a trusted strategic partner to some of the leading global hyper - scalers and co - locators . BMC's proprietary tech enabled platform supplies solutions to the US , EMEA , and APAC , currently operating from four facilities based in Ireland with plans to rapidly expand into a state of the art manufacturing facility in the US . The acquisition is highly complementary to Advnsys ' existing Data Solutions offering , enabling a converged power , cooling and containment solution , substantially increasing our potential wallet share through Kingspan's global sales channel . The initial consideration for the shares will be EUR850m on a debt - free cash - free basis , plus potential deferred consideration of up to a further EUR50m contingent on achievement of significant profit targets . The initial consideration will be satisfied by EUR600m in cash plus the issue of EUR250m new shares in Kingspan . BMC's 2026 forecast revenue is c . EUR280m with forecast EBITDA of approx . EUR90m for the same period . An EBITDA of approx . EUR180m is anticipated for 2027 , backed by a strong pipeline , giving an implied EV / EBITDA multiple of below 5x FY27 EBITDA . BMC's highly experienced management team will be retained in the business , and will continue to manage and develop the business under the Tate brand , adding BMC's technology offering to Tate's broader customer base . The acquisition is conditional on regulatory clearance , and is expected to complete in Q4 2026. The cash consideration will be fully funded from Kingspan's existing credit facilities . The acquisition is strongly supported by Kingspan's investment grade balance sheet . The Group's Net Debt / EBITDA ratio is currently expected to be c . 1.9x at year end and 1.1x at the end of 2027 . Gene Murtagh , Kingspan Chief Executive Officer , commented : " We are delighted to announce this acquisition as part of our stated strategy to evolve our data offering towards fully converged power , cooling and containment solutions . BMC Manufacturing's advanced technology , combined with Advnsys ' deep partnerships with multiple hyper - scalers , will mean that we are well - positioned to meet the accelerating global data centre demand . " Brendan Meehan , Founder and Chairman of BMC Manufacturing stated : " Joining the Kingspan family marks an exciting new chapter for BMC Manufacturing . We have built a strong business with an outstanding team , and this combination provides the ideal platform to accelerate the next phase of our global growth . " Lorcan Dowd , Group Company Secretary +353 ( 0 ) 42 9698000 For further information contact : Gene Murtagh , Chief Executive Officer Tel : +353 ( 0 ) 42 9698000 Geoff Doherty , Chief Financial Officer Tel : +353 ( 0 ) 42 9698000 Pat Walsh , Murray Consultants Tel : +353 ( 0 ) 87 2269345 Kingspan will hold an investor call at 5.30pm IST on 11th August 2026 to discuss the acquisition . Operator Assisted Dial - In : United Kingdom ( Local ) : +44 20 3936 2999 United Kingdom ( Toll - Free ) : +44 808 189 0158 Access Code : 574106 Webcast : https://www.investis-live.com/kingspan/6a71e04c6895bb0016a3e94e/puht Further call details will be available shortly on the Investor Relations section of our website www.kingspangroup.com . A recording of this conference call will be made available . For further information about the conference call please contact : ir@kingspan.com or +353 ( 0 ) 42 969 8000 . This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation ( EU ) 596/2014 . The date and time of this announcement is the same date and time that it has been communicated to the media . For the purposes of Article 2 of Commission Implementing Regulation ( EU ) 2016/1055 , the person responsible for arranging for the release of this announcement on behalf of Kingspan Group plc is Lorcan Dowd , Group Company Secretary .