The ownership change was effective Sept. 1. Terms were not disclosed.
Simpson Dura-Vent has been acquired by the M&G
Group, and is now called M&G DuraVent Inc.
change was effective Sept. 1. Terms were not disclosed.
The privately owned M&G Group is a consortium of
13 European venting and chimney companies based in the Netherlands.
Officials with the new company said the change will have little impact on
“There is no change with our employees, manufacturer
reps, e-mail, phone numbers, etc. Business will run seamless though there has
been a change in ownership,” said Steve Eberhard, president of M&G DuraVent.
European group buys Simpson DuraVent
September 17, 2010