30 June 2021
McCann FitzGerald Advises Ballytherm on its Sale to Xtratherm
We are advising Ballytherm, a manufacturer of flexible-faced rigid PIR insulation boards, and its owners, Brendan and Siobhan Cosgrove and Gerry and Gemma Reilly, on the sale of its Irish and UK operations to Unilin-owned Xtratherm.
Ballytherm was founded in 2002 and started manufacturing at a purpose built plant in Co. Cavan in September 2003. In 2019, Ballytherm acquired a 15 acre site together with a 257,000 sq ft manufacturing facility in Ross-on-Wye, Herefordshire UK, which is also included in the sale. The sale, which is subject to receipt of customary regulatory approvals, is expected to be completed later this year.
The McCann FitzGerald team was led by Aidan Lawlor, Philip Andrews, Dan McNamara and Louise Flanagan.