Kingspan to acquire Logstor from Triton Partners for €253m.

Kingspan Group, a high-performance insulation and building envelopes provider, agreed to acquire Logstor International, which supplies technical insulation solutions encompassing complete pre-insulated pipe systems, from Triton Partners, an investment firm, for €253m. "The acquisition of Logstor marks an important step for Kingspan, as part of our strategy to develop our technical insulation proposition as a complementary business to core building insulation. Logstor is a great company with a dedicated workforce and superior products in an industry that will see strong growth in the years to come," Gene Murtagh, Kingspan Chief Executive Officer.