IBP - Installed Building Products acquires Anchor Insulation
2023-03-13 08:37:46 ET
- Installed Building Products ( NYSE: IBP ) announced on Monday the acquisition of Pawtucket, Rhode Island-based Anchor Insulation.
- Terms of the deal were not disclosed.
- Established in 1980, Anchor Insulation primarily installs residential, mechanical and industrial insulation, serving customers across the Northeast from branches in Rhode Island, Connecticut, and Massachusetts.
- The acquisition brings approximately $39M of annual revenue, while expanding IBP's presence to residential, commercial and industrial customers across the Northeastern U.S.
For further details see:
Installed Building Products acquires Anchor Insulation