Firenor International has entered into an agreement to purchase the technology company Matre Maskin, strengthening its position as a supplier of fire safety equipment.
Firenor International AS, has acquired technology company Matre Maskin AS, thereby strengthening our position as a supplier of fire safety equipment.
Bømlo-based Matre Maskin is a provider of specialized products and systems for active fire suppression to global customers within the energy sector, and in recent years, it has also made significant deliveries to the offshore wind power industry. Established in 1953, the company's main products are proprietary fire suppression systems for helicopter decks and process facilities.
The acquisition of Matre Maskin expands the customer base and strengthens both the product portfolio and market position of Firenor International. Matre is already an important supplier to Frienor, and it is expected that several synergies can be achieved through the acquisition.
- "The companies complement each other, and through the acquisition, Firenor International is strengthened with increased capacity, competence, and experience," says Carl Adam Rosenblad, CEO of parent company Concejo AB (publ) in Stockholm.
- "Firenor International is an ideal partner for the future, and as a new, financially strong owner of Matre Maskin, they will ensure the company's continued international growth and contribute to securing and developing jobs in Bømlo," says Rolf Haldorsen, chairman of Matre & Co AS, who is now selling his stake in the company that recently celebrated 70 years of industrial development in Brubakken at Rubbestadneset.