Insulation industry news from Global Insulation
Kingspan cleared to acquire 51% Steico stake 20 November 2023
Germany: EU competition authorities have approved Ireland-based Kingspan’s acquisition of a 51% majority stake in wood fibre insulation producer Steico. Kingspan concluded the deal with wood products company Schramek in July 2023, and expects to complete its acquisition of the stake in early January 2024.
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