Ireland/US: Kingspan says that it recently opened informal talks about combining its business in North America with building products company Carlisle Companies. However, discussions came to an end when Carlisle Companies ‘rebuffed’ Kingspan, Bloomberg News has reported. Carlisle Companies’ products include its Hunter brand polyisocyanurate (PIR) insulation panel.
Kingspan said "Kingspan has admired Carlisle for many years and, recognising the clear strategic fit, had recent and informal discussions on a potential transaction.” It added "At present, there is no active engagement."
