Companies
Reports from US say Kingspan sought merger with Carlisle
The Arizona-based firm rejected the Cavan company’s approach, but said it would be open to reviewing a better offer
Kingspan, the building materials giant headquartered in Kingscourt in Co Cavan, made an informal approach to combine with the American firm Carlisle, which rebuffed the move, people familiar with the matter said.
The Irish insulation and construction products company proposed a deal in recent months, according to the people, who asked not to be identified because deliberations are private. Carlisle, which has a market value of $12.5 billion, rejected the pitch but signalled it would ...
