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Kingspan Acquisition of European Insulation Manufacturer

KINGSPAN GROUP plc, has acquired a majority stake in insulation manufacturer Steico SE from Schramek GmbH, with an option to acquire a further 10% of shares in the future. Steico manufactures natural insulation and wood-based building envelope products based in Germany. It has four large production sites comprising 27 lines situated in Poland and France,

Building Safety Regulator Announces First Step to Regulating Building Control

TWO INDEPENDENT provider schemes for building control professionals to register as building inspectors have been announced by the Building Safety Regulator (BSR). The Building Safety Competence Foundation and the Chartered Association of Building Engineers (CABE) are the first organisations to become independent competence assessors for all building control surveyors in England. The competence assessment is

Company Insovencies Up Almost a Third on Last Year

THERE WERE 2,163 registered company insolvencies in June 2023, up 27% on June 2022 and higher than before or during the pandemic. There were 260 compulsory liquidations in June 2023, higher than in June 2022. Compulsory liquidations have increased – up 77% on June 2023 – partly as a result of an increase in winding-up

Brickability Announces 2023 Full Year Results

TURNOVER was up 31% at construction materials distributor Brickability Group plc, the company announced in its final results for the year. In the 12-months to 31 March 2023, revenue increased to £681.1m with gross profit up by 30% to £112.9m, giving a gross profit margin of 16.6%. This is a slight reduction on last year

Two Centuries of Roofing Finally Come to an End

TWO CENTURIES of roofing finally come to an end as a heritage roofing, cladding, glazing and lead sand casting firm has appointed administrators. Norman and Underwood Ltd appointed Begbies Traynor Sheffield branch on 13 July 2023 as the business closes its doors. The prestigious roofing company undertook some highly specialised heritage contracts on the roofs

The Most Leaky Roof in the UK?

Asking whether this is the most leaky roof in the UK, occupants were soaked as the parliamentary building’s roof this week sprang another leak. PORTCULLIS HOUSE, which connects the Houses of Parliament in London with 213 offices for politicians and their staff, was opened in 2001. Since then, the £235m building’s roof has never been