- Business
- Nordic Waterproofing Holding AB, headquartered in Helsingborg, Sweden, has built a prominent position as a leading provider in the Northern European waterproofing and building solutions market. This entity, with historical roots tracing back to 1889, develops, manufactures, and distributes a comprehensive array of products and services designed for the protection of buildings and critical infrastructure. The company’s operations are structured across two primary segments: Products & Solutions and Installation Services, serving a wide geographical area including Sweden, Finland, Denmark, Norway, Belgium, the Netherlands, Poland, the United Kingdom, Germany, and Latvia. Within its Products & Solutions division, Nordic Waterproofing offers an extensive range of items, including advanced waterproofing membranes for diverse roofing applications, such as bitumen, PVC, EPDM, and TPO materials, alongside essential roofing accessories. The portfolio also features specialized building components like underlayers, moisture barriers, wind barriers, and vapor barriers. Furthermore, the company provides prefabricated elements, including facade, floor, and wall constructions, as well as innovative green infrastructure solutions like sedum mats for roofs and public areas, and vegetation systems for dams and reservoirs. A notable offering also includes solar energy solutions, such as integrated thin-film panels. The Installation Services segment provides complete turnkey installation of waterproofing products, including full roof construction and individual roof installations, coupled with ongoing maintenance services. Nordic Waterproofing is recognized through a strong portfolio of established brands, including Mataki, Trebolit, Phønix Tag Materialer, Kerabit, Byggpartner, SealEco, Distri Pond, Taasinge Elementer, RVT, Veg Tech, Hetag Tagdækning, Hetag Tagmaterialer, and Vesikattopalvelu. The company's business model emphasizes sustainability, offering products and services that contribute to energy and environmental optimization, enhanced durability, and reduced CO2 footprints, catering to a diverse clientele of installers, building contractors, municipal clients, architects, and private customers. In recent developments, Kingspan Group PLC significantly increased its ownership, initiating a mandatory offer in late 2023, ultimately gaining control of 98.14% of Nordic Waterproofing's shares by March 2025. This led to the compulsory redemption of remaining shares and the subsequent delisting of Nordic Waterproofing's shares from Nasdaq Stockholm on March 10, 2025.