Kingspan has agreed to acquire Irish engineering firm BMC for up to €900 million. The deal will significantly boost the wealth of BMC founder Brendan Meehan. The acquisition is expected to strengthen Kingspan's position in the construction materials sector. BMC specializes in insulation and building products. The transaction is subject to regulatory approval. The deal marks a major expansion for Kingspan. Brendan Meehan will retain a role in the company post-acquisition. The deal is anticipated to close in the coming months. Kingspan has not disclosed the exact terms of the agreement. The acquisition reflects growing interest in sustainable building solutions. BMC has a strong reputation in the Irish market. The deal could lead to job creation in the sector. Kingspan plans to integrate BMC's technologies into its operations. The move is part of a broader strategy to enhance product offerings. The acquisition is a key step in Kingspan's growth strategy. The deal highlights the value of Irish engineering expertise.