Announced
Completed
Synopsis
Deutsche Beteiligungs-backed Firian, a provider of active fire protection solutions, completed the acquisition of Vanstraelen Sprinkler + Piping, a Belgian company specializing in the design and installation of fire protection systems. Financial terms are not disclosed. “The add-on acquisitions of ASAP and Vanstraelen are a key step in Firian’s ongoing development. They will help to strengthen the company’s market position along the value chain, while optimizing relevant processes and opening up additional growth opportunities.” Jannick Hunecke, Deutsche Beteiligungs AG Member of the Board of Management.
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