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Kingspan Group

Kingspan Group plc is a building materials company headquartered in Ireland, trading in over 80 countries with more than 273 sites employing 25,401 people as of December 2024. The company operates with six divisions; Insulated Panels, Insulation, Light & Air, Water & Energy, and, Data & Flooring, Roof & Waterproofing.

Founded in the 1960s by Eugene Murtagh, the company floated on the Irish Stock Exchange in 1989 with a value of IR£20m. It expanded into insulated panels and rigid insulation boards via numerous greenfield plants and acquisitions, including the European insulation arm of CRH plc in 2010 and the construction division of ThyssenKrupp Steel in 2012. The year 2010 showed the first growth in sales for three years.

In 2005, the company announced the appointment of Gene Murtagh as its chief executive, making him the youngest CEO on the Irish Stock Exchange.

In June 2022, Kingspan announced its plan to build a new €280 million manufacturing plant in Ukraine. The site will manufacture insulation and building materials for the company’s eastern European markets.

In January 2024, the company acquired a 51 per cent stake in Steico for €250 million.

In October 2025, Kingspan's data centre subsidiary, Tate, announced a $61.2 million investment to open a North American manufacturing plant in Glasgow, Kentucky. It was expected that the project would create 400 new full-time manufacturing jobs once the 764,000 square feet (71,000 m2) facility was fully operational.

Kingspan Group's new global innovation centre, 'IKON', opened in 2019 in Kingscourt, Ireland, next to the head office. Designed by 'MILLIMETRE DESIGN' (Dublin), it comprises 18 Kingspan products serving as a 'state-of-the-art' place of research and living research project. The facility has been modelled with a Digital Twin and leverages input from sensors, IoT devices, Virtual Reality (VR), Autodesk Forge and BIM Data to further enhance operational efficiency.

Approximately 39% of all greenhouse gas (CO2 and CO2e) emissions globally come from construction and buildings in operation, so it is vital that more buildings decarbonise by incorporating insulation and using increasingly energy-efficient appliances.

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