IBSL GROUP LTD ACQUIRES MW INSULATION LTD
IBSL Group is delighted to announce that it has acquired MW Insulation.
IBSL, established in 1989, is a provider of high-performance insulation products for the Petrochemical, Power Generation, and Offshore exploration industries.
MW Insulation was established in 2011 and is the leading UK independent fabricator and supplier of high-performance rigid foam insulation materials, including Supaphen phenolic and Supapir PIR pipe insulation products.
Steven Renney owner of IBSL commented, “continuity is the key for MW, great products, great people, best in business service for our loyal customers. I look forward to working with the team at MW and developing the business into the future. I am happy that Mike Whelan will stay with the business enabling us to utilise his expertise and knowledge.”
Mike Whelan founder and owner of MW Insulation commented, “I’m really excited about MW’s future with IBSL’s acquisition of the company, we are looking forward to working alongside Steve”.
MW Insulation will continue to operate from its Trafford Park site in Manchester, with its ongoing focus on providing excellent customer service and ensuring compliance with the required standards.
Steven Renney will be the new managing director of MW Insulation, with Mike Whelan remaining as a Director working alongside Steven and MW’s current management team of Scott Milner, sales office manager, and Daniel Lawlor, production manager.