Kingspan, Kingscourt, Ireland, an organization focused on advanced insulation and building envelope solutions, has announced the acquisition of NRCA member IB Roof Systems, Grapevine, Texas.
IB Roof Systems offers PVC membrane solutions for low-slope roofs, working with roofing consultants and building designers to directly supply complete roof systems, including insulation and accessories, to contractors.
This acquisition is Kingspan’s first in the U.S. single-ply roofing space. It coincides with Kingspan’s investments in Oklahoma and Maryland to manufacture TPO membrane and polyisocyanurate insulation board, enabling the broadening of IB Roof System’s system solutions offering and supporting its future growth.
Jason Stanley, CEO of IB Roof Systems, will continue to lead the business and retains a 10% shareholding.
“I am proud of the legacy our family has built at IB and am truly excited about the next chapter,” Stanley said. “Kingspan’s culture and customer focus strongly aligns with IB’s values. The coming together of the two businesses opens up considerable opportunities to grow our PVC systems market share and to broaden our solutions offering.”
