Kingspan linked with acquisitions as financial firepower passes €2bn mark

Kingspan CEO Gene Murtagh

Cavan-based building insulation specialist Kingspan is expected to make further acquisitions on the back of boosting its financial firepower to over €2bn by way of raising €750m through the sale of ‘green’ bonds.

The company’s shares jumped by well over 4% on the announcement of it completing what it said was the largest corporate green private placing ever.