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Fri January 28 2022

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TN International buys roofing business

3 Dec 21 TN International (TNi), which owns Scottish insulation manufacturer Superglass, has acquired Chesterfelt in a multi-million-pound deal.

Theresa McLean
Theresa McLean

Bitumen roofing manufacturer Chesterfelt has its regional headquarters for Western Europe and North America in Stirling.

Chesterfield, which was established in 1978, manufactures and distributes bituminous waterproofing products from a manufacturing and warehousing facility in Chesterfield, Derbyshire. The company employs thirty staff and supplies a wide variety of roofing projects from domestic properties to large industrial buildings.

TN International’s Superglass facility in Stirling has an annual production capacity of 60,000t of glass wool insulation, following a £37m redevelopment in 2019.

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 Theresa McLean, area director of TN International for UK & Ireland, said: “Chesterfelt is a highly respected brand within the UK’s roofing market and will complement our existing manufacturing expertise for glass wool insulation in the UK. Increasingly our customers in the construction industry are looking for whole building envelope solutions, and this acquisition is another key advance in TNi’s ability to meet those requirements. Alongside our broader suite of brands and products, we have the technologies to create ideal living and working environments, to safeguard people and property from the elements, and to reduce energy use and carbon emissions.

“Moreover, this acquisition is yet another indication of TN International’s belief in, and commitment to, the UK construction industry, following the recent £37m refurbishment of the Superglass plant. This acquisition, while important in itself, is also a milestone in a much broader future investment plan in the UK market.”

Tom Yeo, managing director of Chesterfelt added: “We are delighted to conclude the agreement with TN International, which continues the success story of Chesterfelt. We are proud of the heritage and success of the Chesterfelt business, and the service we have provided to our customers over the last 43 years. We are confident that the range and scale of TNi make it a strong fit that will propel the Chesterfelt business and its people to even greater advances in the future.”

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