Kingspan to acquire the natural smoke exhausting and fire ventilation business operations from Mercor.

Kingspan Group, a building materials company, agreed to acquire the natural smoke exhausting and fire ventilation business operations from Mercor, a provider of fire protection systems. Financial terms were not disclosed. "This is a very important step for us. Thanks to the planned sale, we will gain an investor who wants to include our products in the gravity smoke extraction and fire ventilation segments in their offer and continue to develop them under the MERCOR brand. Thanks to the planned sale, we will gain funds to implement our new business plans, including in the area of ​​Fire Safety 4.0. We also plan to strengthen our position in the field of fire protection of building structures and fire doors and gates, as well as energy storage," Krzysztof Krempeć, Mercor President of the Management Board.