# Kingspan acquires Paroc Panel System business

Paroc Group agreed to sell its Paroc Panel System (PPS) business to Kingspan Group. No value was disclosed.

- Type: Acquisition
- Announced: 2016-12-15
- Where: Finland
- Status: announced
- Products: panel systems, stone wool
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Paroc](https://endata.com/companies/17863.md) (target)
- [Kingspan Group](https://endata.com/companies/20737.md) (acquirer)

## Sources

- [globalinsulation.com](https://globalinsulation.com/news/1186-paroc-sells-its-panel-system-business-to-kingspan), 2016-12-15: "Paroc Group has agreed to sell sale its Paroc Panel System (PPS) business to Kingspan Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.