Insulation manufacturer Kingspan has completed the acquisition of the building products division of Vicwest.

The company announced on Wednesday it had received regulatory approval for the deal, worth Can$154 million (€109 million). Shareholders of both companies had already passed the acquisition, as had the Ontario Superior Court of Justice.

The plan to buy the division, which consists mainly of consists of three insulated panel manufacturing plants in Hamilton in Canada and Arkansas and California in the US, was originally announced in November. However, under the agreement, Kingspan must dispose of an insulated metal panel facility at Hamilton Ontario.