Kingspan acquires Leanort

Construction materials company Kingspan has announced it has entered into an agreement to acquire 100% of Leanort Ltd, a holding company for the Hytherm and Xtratherm businesses. The agreement is subject to certain conditions including Competition Authority approval.

Xtratherm is a leading polyisocyanurate (“PIR”) rigid board insulation manufacturer in the UK and Irish markets, operating from Chesterfield in Britain and Navan, Co Meath.