Kingspan readies €600m warchest to mitigate Brexit

Building insulation specialist Kingspan is hopeful of making further acquisitions before the end of the year to boost its international scale and help mitigate a slowdown in markets like the UK and Germany.

Kingspan readies €600m warchest to mitigate Brexit

Building insulation specialist Kingspan is hopeful of making further acquisitions before the end of the year to boost its international scale and help mitigate a slowdown in markets like the UK and Germany.

The Cavan-based company will be looking to boost its scale in its key markets of North America and continental Europe. Chief executive Gene Murtagh said the company's acquisition pipeline is "very healthy" and that management is pursuing specific takeover targets and is hopeful of making progress before the end of the year.

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