Kingspan ‘misled’ investigators on Trimo deal, European Commission alleges

Kingspan dropped plans to buy roofing and insulation materials manufacturer Trimo in April 2022, which had triggered a commission investigation into the deal’s potential impact on competition in several insulation panel markets. Photograph: iStock

Kingspan dropped plans to buy roofing and insulation materials manufacturer Trimo in April 2022, which had triggered a commission investigation into the deal’s potential impact on competition in several insulation panel markets. The commission said on Tuesday that it had taken the preliminary view that “Kingspan intentionally, or negligently, provided incorrect, incomplete and misleading information” about basic facts.The people behind the power: Who are Ireland’s political advisers and backroom experts?School places: Three out of four parents unable to secure spots at oversubscribed secondary schools

Kingspan responded that it co-operated fully with the commission from its original bid for Trimo in September 2020 until it withdrew in April 2022, and through the follow-up investigation that began in November 2022.

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