Knauf
 | |
| Industry | Building materials |
|---|---|
| Founded | 1932 |
| Headquarters | , Germany |
Number of locations | 150 (2012) |
| Subsidiaries | |
| Website | knauf |
Knauf Group is a multinational, family-owned company based in Iphofen, Germany, well known for drywall gypsum boards, founded in 1932. The company is a producer of building materials and construction systems comprising construction materials for drywall construction, plasterboard, cement boards, mineral fibre acoustic boards, dry mortars with gypsum for internal plaster and cement-based external plaster and insulating materials; glass wool, stone wool and other insulation materials under the company Knauf Insulation.
It has more than 150 production sites worldwide.[1] It is one of the six producers which hold approximately 81% of the worldwide wallboard market (Georgia Pacific, Knauf, Siniat, National Gypsum Company, Saint-Gobain, and Yoshino Gypsum Co., Ltd).[2]
In June 2018, USG entered into an agreement to be purchased by Knauf. It operates as an independent subsidiary of Knauf and continues to remain headquartered in Chicago, Illinois.[3] The deal closed in April 2019.[4]
In 2022, after the invasion of Ukraine by Russia, Yale University published a list of companies that chose to remain active in Russia. According to this report, over 600 companies have withdrawn from Russia — but some remain. Knauf is still operating across 14 sites in Russia but has claimed to have suspended new investments.[5]
In November 2023 Ukraine listed Knauf as an International Sponsor of War for promoting mobilisation in Russia by sending its employees to the war against Ukraine.[6]
According to German public-service broadcaster ARD, Knauf has been active in collaborating with the Russian military in its construction efforts in the Russian-occupied areas of Ukraine.[7][8]
See also
[edit | edit source]- Chinese drywall
- Knauf Insulation
- Knauf USG Systems
References
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External links
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