Calgary building material technology company
acquires IPB Systems
June 16, 2021 – Calgary, AB – ZS2 Technologies, a fast-growing Calgary cleantech company announced today the acquisition of IPB Systems, western Canada’s leading provider of pre-manufactured structurally insulated panels.
The founders of IPB have been manufacturing structurally insulated panels (SIPs) in Northern British Columbia since 2002, with a solid track record of over 1,500 of SIP buildings designed and sold.
“This is another major step forward for ZS2 Technologies as we continue to consolidate and partner with industry leading building technologies,” says Scott Jenkins, CEO of ZS2 Technologies. “IPB Systems brings a wealth of experience in manufacturing, building design and SIP construction to ZS2. Combining their track record with our leading-edge magnesium cement technology creates a go-to option for builders who are looking to be industry leaders and clients focused on safer, healthier, cost-effective and sustainable structures.”
Terry Moser, Co-Founder at IPB Systems is joining ZS2 Technologies as Director of Construction. IPB’s SIP manufacturing facility will be relocated to the ZS2 TechCentre in Calgary—effectively doubling ZS2’s manufacturing capacity.
“We’ve been working with ZS2 Technologies to develop leading-edge SIPs using their magnesium oxysulfate TechBoard since their inception over a year ago,” says Moser. “We immediately saw the opportunity this superior sheathing material has over traditional wood products and it’s been exciting to be part of developing ZS2 TechPanels. Now the time is right to come together and focus on bringing this superior way to builders across North America.”
About ZS2 Technologies
ZS2 Technologies is innovating today, for a better planet tomorrow. Their mission is to research and accelerate the development and adoption of construction technologies which are stronger, safer and healthier for people and our planet. They’re developing advanced building technologies including proprietary fire-rated, non-toxic, low-carbon building materials, and prefabricated panels which provide cost certainty, accelerated construction timelines, and lower building operating costs.