Divestment of Skamol Fire-protection products to LiteCore A/S
ATRIUM Partners advised Skamol
Divestment of Skamol Fire-protection products to LiteCore A/S
Sector(s) : Building Materials & Construction
Date : February 2009
Advisor(s) : Atrium Partners
Advised : Sell Side
Mid-Capital partner ATRIUM Partners advised Skamol
ATRIUM Partners has advised Skamol A/S in connection with the sale of the business area “fire- protection products”.
The fire-protection products are used in the Navy- and offshore industry and the production of these has been produced as collaboration between Skamol and NCM Core A/S.
The products include fire doors, marine panels and fire walls. The characteristics for the products are the optimum proportion between the weight, strength, insulation, and fire protection compare to competing products.
The divestment of the business area is part of Skamols strategy towards focusing on high-temperature insulation for the aluminium-, steel-, and cement industry as well as insulation wood-burning and gas-fired stoves and fireplaces.
The new business will be named LiteCore A/S.
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