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Majority stake Announced Nov 2012

M&G Group (DuraVent) to acquire Security Chimneys from Comvest

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Parties

Acquirer
M&G DuraVent Inc.
Operating Company
Target
Security Chimneys International Limited
Operating Company

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Summary

M&G Group, owners of M&G DuraVent, signed an agreement to purchase Security Chimneys International from Comvest Investment Partners IV and Innovative Hearth Products. Security is a Laval, QC venting products manufacturer; the deal expands DuraVent's venting position.

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