Last week, Kingspan secured regulatory approval for its acquisition of British steel roofing and cladding business Coverworld. The decision marked a significantly different outcome from the last time it dealt with the Competition and Markets Authority (CMA). In October 2019, the Cavan-based insulation giant moved to acquire another British business called Building Solutions (National) Limited, then owned by SIG, in a deal worth around €42 million. The CMA launched an inquiry into that deal four months later. Kingspan is one of the main providers of standard foam sandwich insulation panels in the UK, with Building Solutions also a key industry…

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