US: Installed Building Products has acquired Southern Insulators & Specialties, a fibreglass and spray foam insulation installer based in Covington, Louisiana. No value for the purchase was released.
"Southern has a large presence in the state of Louisiana with trailing-12 month revenues of approximately US$5m," said Jeff Edwards, Chairman and Chief Executive Officer. He added that Installed Building Products has completed six acquisitions, representing nearly US$53m of annual revenue, since the start of 2016.
