Indoor air company, Halton Marine Oy, has become the 100% shareholder in the UK-based damper and fire damper designer and manufacturer, Flamgard Calidair.
The acquisition follows Halton’s purchase of a 55 percent holding in the company in September 2020. Pontypool-headquartered Flamgard Calidair designs and manufactures of specialist HVAC dampers and the associated equipment for demanding industrial and energy production environments, including nuclear power plants and underground construction tunnels. Founded in 1981, the company is a former competitor of Halton’s, and has delivered solutions for several demanding projects around the world.
Halton Group describes itself as ‘a global technology leader in indoor air solutions for demanding commercial and public premises, workspaces, healthcare institutions and laboratories, professional kitchens, and ships, as well as energy production and industrial environments’.
“Close co-operation and fantastic synergies have developed over the two years since the majority purchase convinced Halton that moving forward to 100% acquisition provided even further potential for Halton to grow in strategic market segments in which we see great forward potential,” says director of Halton Marine, Sami Piirainen (pictured).
The two companies says their joint markets have ‘so far been spared the worst impacts of the COVID-19 pandemic, Russia’s War on Ukraine, and the challenging economic conditions..
Halton’s director for Heavy Industry, Shuresh Maran, said: “The joint strategy decisions and quickly adapting to market conditions have put us in a strong position to gain a substantial order pipeline in the heavy industry segment, and will be the foundation of growth in the green transition, nuclear power, and underground infrastructure space, where there have always been great opportunities to provide Halton’s sustainable market-leading solutions. We have always recognised Flamgard Calidair’s expertise in this area, and the 100% acquisition will take us to the next level.”