Kingspan completed the acquisition of natural smoke exhausting and fire ventilation business operations of Mercor for PLN420m.

Kingspan, a building materials company, completed the acquisition of natural smoke exhausting and fire ventilation business operations of Mercor, a provider of fire protection systems, for PLN420m.. "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.