Distribution International, backed by Advent, to acquire Silvercote from Knauf Insulation.

Advent-backed Distribution International, North America’s mechanical insulation distributor, agreed to acquire Silvercote, laminator and distributor of metal building insulation and related products, from Knauf Insulations, a mechanical insulation distributor. Financial terms were not disclosed. “This acquisition is an exciting addition for DI as we continue our journey to deliver high-quality insulation solutions and exceptional service to our customers throughout North America. We look forward to welcoming all Silvercote associates, customers and suppliers to the DI family,” Steve Margolius, Distribution International CEO.