US: Construction products supplier Installed Building Products has acquired distributor Wholesale Insulation Supply. The company distributes insulation and associated equipment throughout Minnesota and neighbouring states under its Insulation Supplies brand. Seeking Alpha News has reported that it generated US$22m in sales in 2024.
UK: The Competition and Markets Authority (CMA) has approved Kingspan’s acquisition of steel roofing and cladding supplier Coverworld. The Currency newspaper has reported that the regulator found ‘no concerns on any theory of harm’ to competition arising from the deal.
US: Homewares retailer Lowe's has concluded a deal to acquire Foundation Building Materials for US$8.8bn. Foundation Building Materials is a distributor of insulation and other building products. Baystreet News has reported that the deal marks Lowe's second acquisition in the residential construction segment so far in 2025.
North America: Kingspan Insulation North America has rebranded its expanded polystyrene (EPS) product line as AeroRoof, AeroWall and AeroSlab, according to application.
The AeroRoof brand encompasses flute fillers for standing seam metal roof systems, tapered EPS boards for high-traffic roofs and Holey Board lightweight EPS insulation for concrete. AeroWall features BackerBoard siding insulation and underlay, while AeroSlab features the A-One insulated concrete forming system and GeoFoam lightweight engineered fill.
Senior Director of Building Solutions Billy Conry said "This reorganisation makes it easier for contractors, designers and engineers to specify the right EPS solution for each application."
