LONDON (Alliance News) - Irish building materials company Kingspan Group PLC Monday said it was in "advanced discussions" to acquire Belgian steel manufacturer Joris Ide Group
Kingspan confirmed the acquisition talks, following recent speculation in the Belgian press.
"Kingspan confirms that it is in advanced discussions with the shareholders of the Joris Ide Group to acquire the business, although there can be no certainty that current discussions will result in an agreement being concluded," the company said in a statement Monday.
By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty
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