Kingspan Group Acquires IB Roof Systems
September 19, 2024
Kingspan Group has agreed to acquire IB Roof Systems, a U.S. manufacturer of single-ply PVC roofing membranes and accessories founded in 1978 and led by Jason Stanley. The purchase gives Kingspan an immediate position in the U.S. single-ply PVC membrane market; Jason Stanley will remain in an operating role and retain a 10% stake.
- Buyers
- Kingspan Group
- Targets
- IB Roof Systems
- Sellers
- Stanley family (founders/owners)
- Industry
- Building Products
- Location
- Texas, United States
- Transaction Type
- Buyout
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