• Waterland has partnered with Industrial Insulation Specialists and Secon to form Ireland’s largest industrial insulation and cladding services group.
• The combined business targets mission-critical infrastructure projects, with a focus on life sciences, data centers, and energy.
• IIS founder John Naughton will lead the group; Secon founder Pat Mulcahy will keep an active leadership role.
• Strategy centers on expansion across Ireland and continental Europe, supported by acquisitions and investment in systems, technology, and staffing.
• The transaction remains subject to customary regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Waterland Private Equity Investments BV published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.