THACKERVILLE, Okla. — Companies tied to the increasingly consolidating building envelope industry awoke in a new world Thursday after news broke that Texas-based IB Roof Systems, founded in 1978 by Larry Stanley, now helmed by his son, Jason, announced the company’s acquisition by the multinational Kingspan Group.
Although the news, announced in a September 18 press release, offered no timeline for the transaction’s close, the move tracks with Kingspan’s aggressive moves in roofing and insulation in 2023.
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