TN International UK & Ireland acquires Chesterfelt in multi-million deal

TN International (TNi), owner of Scottish insulation manufacturer Superglass, has acquired Chesterfelt Ltd, one of the UK’s best-known bitumen roofing manufacturers in a multi-million pound deal.

With its regional headquarters for Western Europe and North America in Stirling, TN International is one of the world’s leading producers of roofing, waterproofing and insulating materials. The deal to acquire Chesterfelt adds production capacity to TNi’s building product portfolio, complementing the company’s ability to provide customers in the construction industry – particularly those based in the UK – with an integrated solution for the protection of buildings.

The addition of a UK-based production facility in the roofing sector will earn the environmental benefits of reduced transport miles, and will also offer welcome service and logistics advantages to UK customers.

TN International supplies customers and end users across residential, commercial and infrastructure sectors, including schools, hospitals, and other public facilities.
Established in 1978, Chesterfelt has over 40 years’ experience manufacturing and distributing 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.

There will be no job losses as a result of the acquisition.

TN International’s Superglass facility in Stirling has an annual production capacity of 60,000 tons of glass wool insulation, following a £37m redevelopment in 2019. In line with TNi’s focus on minimising its environmental impact and supporting the development of more sustainable built environments, the product is manufactured using over 80% recycled glass, and once installed can save hundreds of times the energy used to manufacture it.