Aug. 21, 2012: Johns Manville Announces Acquisition of Industrial Insulation Group
DENVER — Johns Manville (JM), a Berkshire Hathaway company, announced it has purchased Industrial Insulation Group LLC (IIG), a manufacturer of insulation for industrial, commercial, and fireproofing applications.
IIG was formed in 2002 as a joint venture between JM and The Calsilite Group. JM previously owned a minority interest in IIG, but will now operate the company as a standalone LLC wholly owned by JM. Johns Manville said IIG’s product line complements its portfolio of insulation products, allowing JM to offer an even broader continuum of insulation solutions.