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Kingspan In "Advanced Talks" To Acquire Steel Firm Joris Ide Group

Mon, 26th Jan 2015 07:30

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

Copyright 2015 Alliance News Limited. All Rights Reserved.

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10 Apr 2014 15:48

DIRECTOR DEALINGS: Kingspan Finance Director, Company Secretary Acquire Shares

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28 Mar 2014 11:59

Kingspan Refinances EUR300 Million Revolving Credit Facility

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