Kingspan Water & Energy announces the acquisition of Rhino Water Tanks, a leading brand in the Australian water tank market. With this acquisition, Kingspan Water & Energy will be able to supply an extensive range of residential, rural and commercial water solutions across Australia, helping the company extend their leadership in this market segment.
Rhino Water Tanks will join the Environmental division as part of the Kingspan Water & Energy business unit, further positioning Kingspan as a key provider of quality water management solutions in Australasia and beyond.
Stuart Heldon, business unit director of Kingspan Water & Energy says Kingspan has demonstrated significant growth in water management in Australia through heavy investment in market development, manufacturing capability and customer service. This growth will continue with Rhino Water Tanks now part of the fold.
Kingspan Group, the world’s largest manufacturer of premium and high performance insulation and building envelope solutions, can now offer some of the best sustainable water solutions for the global construction industry.
Heldon adds that the acquisition of Rhino Water Tanks expands their portfolio to include world-leading, premium and innovative solutions for water storage and rainwater harvesting systems for rural, commercial and residential projects. Kingspan Water & Energy is also planning to introduce wastewater solutions in the coming months.