US: GMS has acquired fellow construction products distributor Evergreen Building Products. Evergreen Building Products’ product range includes exterior insulation and finish systems. This will become part of GMS’ exterior cladding offering. M&A Navigator News has reported that Evergreen Building Products operates four locations in Washington, serving commercial and residential customers across Washington, Idaho and Oregon.
Ireland: Kingspan recorded sales of €4.86bn in the first half of 2026, up by 8% year-on-year. The group reported earnings before interest, taxation, depreciation and amortisation (EBITDA) of €626m, up by 9%.
Group CEO Gene Murtagh said “Europe is generally stronger, the US is somewhat subdued save for the soaring tech sector, and Latin America is progressing well. Our order backlog is considerably higher than at the same point last year, and on that basis we can reasonably expect to break through €10bn in full-year revenues for the first time in 2026. We expect revenue growth will translate to a full-year operating profit of €1.13bn, an increase of 18% on 2025.”
Denmark: Rockwool recorded sales of €1.91bn in the first half of 2026, up by 5% year-on-year. The producer’s earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 2%, to €395m. It noted an increase in insulation sales volumes, bolstered by an increase in its market share in the flat roof construction segment and a narrowing of the price gap between its stone wool insulation and competing insulation types.
Rockwool has raised its full-year 2026 sales growth forecast from 3 – 6% to 5 – 7%. It now anticipates group investments for the year of €750m, up by 7% from €700m previously.
Ireland: Kingspan has agreed to acquire electrical engineering firm BMC Manufacturing Group for €850m, comprising €600m in cash and €250m in new shares. BMC Manufacturing Group designs and produces low-voltage power distribution equipment for data centres at four plants in Dublin and County Meath, with a fifth planned somewhere in the US. Kingspan already supplies insulation and other construction products to data centres. The Irish Times newspaper has reported that the Kingspan expects to complete the acquisition by the end of 2026.
