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Latest News from BRG and the Global Building Products Industry
Stay informed regarding BRG's latest publications and industry news covering the markets for HVAC equipment, components & controls, bathroom & kitchen products, plumbing, pipes, valves & fittings and thermal insulation.
Dec 19, 2025
Residential Building Output Falls 1.3% in Q2 Amid Housing Completion Pressure in Europe
Europe: The volume of production in the residential building sector declined by 1.3% between April and June, following a 7.3% growth in...
brg_news_room
Aug 20, 20241 min read
UK Economy Exits Recession with 0.6% Growth in Early 2024
UK: The UK economy emerged from recession with a stronger-than-expected 0.6% growth in the first quarter of 2024, according to the Office...
brg_news_room
Aug 20, 20241 min read
Australia’s Housing Targets Hit by Construction Slowdown
Australia: The Australian government's goal of constructing 1.2 million homes over the next five years appears increasingly unattainable...
brg_news_room
Aug 20, 20241 min read
CTD Closes 56 Stores, Cuts 268 Jobs Amid Insolvency
UK: The Newcastle-based brand CTD has announced the closure of 56 stores and the redundancy of 268 employees, according to statements...
brg_news_room
Aug 20, 20241 min read
Lowe's Expected to Report Sales Decline, Following Home Depot's Disappointing Results
USA: Lowe's is expected to release its fiscal Q2 earnings report on 20TH August. According to Bloomberg's consensus, Wall Street...
brg_news_room
Aug 20, 20241 min read
UK Heat Pump Installations Cross 250,000 Mark as Demand Soars
UK: The UK has achieved a significant milestone in the adoption of small-scale renewable energy, with 250,000 certified heat pump...
brg_news_room
Aug 19, 20241 min read
Electrolux Names Former Haier Executive as New CEO
Sweden: Electrolux, the global appliance company, has appointed Yannick Fierling as its new CEO following the decision of current CEO...
brg_news_room
Aug 19, 20241 min read
Victorian Plumbing Shuts Down Rival Firm Three Months After Acquisition
UK: Victorian Plumbing is closing the rival retailer it acquired three months ago, putting a hundred jobs at risk. The bathroom...
brg_news_room
Aug 19, 20241 min read
Historic Doncaster Factory at Risk of Closure
UK: Jobs are at risk following the announcement that a historic Doncaster factory (Peglers) may face closure. The Netherlands-based...
brg_news_room
Aug 19, 20241 min read
Haier invests US$ 290 Million in its First Thai AC Plant
Thailand: Haier, the Chinese consumer electronics and home appliance giant, has invested 10 billion baht (US$290 million) to establish...
brg_news_room
Aug 19, 20241 min read
Viessmann Expands Clean & Cold Footprint with KPS Global Acquisition
US: Viessmann Generations Group, a family-owned company with a 107-year heritage, has signed an agreement to acquire KPS Global, a...
brg_news_room
Aug 15, 20241 min read
Lidl Expands DIY Offerings with New Stores in Hungary and Poland
Hungary and Poland: Lidl has opened two trial stores in Hungary and Poland to sell its popular private label Parkside range of DIY...
brg_news_room
Aug 15, 20241 min read
Ferguson Expands with Acquisitions in New York and California
US: Ferguson, a leading distributor of plumbing and industrial products, announced the acquisition of two distributors: Gerster Equipment...
brg_news_room
Aug 15, 20241 min read
Mr. DIY Expands to Europe with New Stores in Poland
Poland: Malaysian DIY retail chain Mr. DIY is preparing to enter the Polish market, marking its 13th global market. According to a...
brg_news_room
Aug 15, 20241 min read
Home Improvement Market Declines as Economic Pressures Shift Consumer Spending
US: The home improvement market is facing a downturn due to shifting economic conditions, rising borrowing costs, and inflationary...
brg_news_room
Aug 15, 20241 min read
Carrier Finalizes $3 Billion Sale of Fire Business to a Lone Star Affiliate
US: Carrier Global Corporation (NYSE: CARR) has entered into a definitive agreement to sell its Commercial and Residential Fire business...
brg_news_room
Aug 15, 20241 min read
ELTA Group Acquires Air Movement Supplies in Ireland
UK: ELTA Group has acquired Ireland-based Air Movement Supplies (AMS) as part of its strategy to expand its presence in the European HVAC...
brg_news_room
Aug 13, 20241 min read
Emerson Electric Divests Final Copeland Stake to Blackstone
US: Emerson Electric (NYSE: EMR) has completed the sale of its remaining 40% common equity ownership stake in the Copeland joint venture...
brg_news_room
Aug 13, 20241 min read
Construction Industry Confidence Plummets Amid Government Work Shortage in New Zealand
New Zealand: The construction industry is losing confidence due to a lack of a clear pipeline of government work in the near future,...
brg_news_room
Aug 13, 20241 min read
Thai DIY Giant HomePro Cancels Vietnam Expansion, Cites Unfavourable Market Conditions
Vietnam: HomePro, the Thai DIY chain, has decided to abandon its plans to establish stores in Vietnam. The company announced the...
brg_news_room
Aug 13, 20241 min read
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