WEALTH April 1, 2026 0 Comments

FastHouse’s Bold Move: Why Snapping Up Kingspan’s Monaghan Timber Frame Business Could Shake Up the Industry Forever

Ever wonder what doubling down on timber could do in the world of housing? Well, Northern Ireland’s FastHouse just pulled a bold move, snapping up Century’s timber frame biz from Kingspan—and yep, Kingspan’s still keeping a foot in the door with a minority stake. This isn’t just a business handshake; it’s FastHouse gearing up to double their production to 3,000 homes and boost their crew beyond 380 strong. Talk about scaling up with purpose! With a solid lineage in construction and cutting-edge manufacturing sprinkled with a serious sustainability twist, FastHouse looks set to shake up the Irish housing scene in a big way. Now that’s how you face a housing crisis head-on—fast, smart, and green. Ready to see what’s next from this timber titan? LEARN MORE.

Northern Ireland’s FastHouse has acquired the Monaghan-based Century timber frame business from Kingspan, which will retain a minority shareholding.

With the finalisation of the deal, FastHouse will double its production capacity to 3,000 homes and increase its workforce to over 380.

“We are delighted to welcome Century’s dedicated team and excellent facilities to our business,” said Peter Lagan, chair of FastHouse.

“Their exemplary manufacturing capabilities complement our operations, supporting our ability to deliver quality housing and enabling us to play a key role in tackling the housing challenges in Ireland.

“Backed by an experienced construction family and bolstered by this strong timber frame manufacturing legacy, FastHouse is poised for an exciting new chapter of expansion and innovation.”

Colin Clements, managing director of FastHouse, added: “This will significantly expand our capacity and enhance our capabilities.

“As the housing crisis continues to present challenges across the island, this investment allows us to respond with speed and scale to support the delivery of high-quality, affordable homes that drive economic growth whilst also meeting sustainability goals.”

FastHouse designs, manufactures and installs timber frame structures, and the company works with major developers such as Cairn Homes, Lagan Homes and D/RES Properties.

Timber frames facilitate off-site construction to precise specifications while minimising waste and improving sustainability.

Timber frame has long been used in construction globally; the modernisation of this construction method through the use of high-quality factory-based processes and automation enables FastHouse to offer strong sustainability and performance benefits.

“Our vision for FastHouse is clear, to further develop and grow our team, facilities and business in a way that meets the evolving needs of our customers and the housing market, and we are looking forward to continuing that exciting journey with our new colleagues,” said Clements.

Photo: FastHouse’s production factory. (Pic: Supplied)