KINGSCOURT: German, Dutch and Irish competition authorities and relevant works councils have approved the acquisition of the European insulation business of CRH by Kingspan.

As a result, Kingspan completed the acquisition yesterday of the European polyisocyanuarate (PIR) business and the Dutch expanded polystyrene (EPS) and roofing elements business of CIE.

Completion of the acquisition of the remaining CIE businesses is expected at the end of this quarter.