Cavan-based company said outlook for unit is even stronger than previously anticipatedKingspan has decided not to proceed with a potential €6bn stock market flotation of its advanced building-systems unit. The Cavan-headquartered group said in September that it was contemplating selling 25pc of the division in a flotation in Amsterdam this year. “There is even stronger momentum on this than when we announced our intention to explore an IPO in September 2025,” it noted. The plan to float the unit had come amid the growth in the use of artificial intelligence, which is accelerating global data centre investment. Davy Stockbrokers said that given Kingspan was examining a potential IPO from a position of strength, the decision to retain full ownership has been taken as it is considered the best option for Kingspan and its shareholders.

Source: Irish Independent January 08, 2026 00:22 UTC