Fire detection specialist Patol has announced that the company has been purchased by Swedish technology group, Sdiptech.
The purchase makes Patol the 12th business in the UK to be added to Sdiptech’s portfolio and it joins the group’s Special Infrastructure Solutions Business Unit.
Patol has been manufacturing and supplying fire detection solutions across a wide range of industrial sectors since it was founded in 1968. Under private ownership throughout this time, this announcement marks a significant investment from an international technology group based in Sweden that specialises in creating more sustainable, efficient and safer societies.
The acquisition also sees Sdiptech taking ownership of Patol’s sister company, Linesense, which will continue to offer Linear Heat Detection Cable (LHDC) solutions for specialist applications such as transportation, petrochemical sites and tunnels.
Commenting on the announcement, Iain Cumner, Managing Director of Patol, said: “We are delighted to become part of Sdiptech, our new long term owner. The Group’s wide ranging experience in a number of different fields will prove invaluable in continuing to develop the Patol business.
“I have already met a number of senior personnel from other companies within the Group and the opportunity to discuss areas of common ground, as well as learning from their own experiences, is providing much food for thought and ideas which we can implement and build upon to further improve our offering in fire safety products and systems.
“It is an excellent fit for us and I look forward to working with the team at Sdiptech and sister-companies as we look to build on more than 50 years of protecting people and property from the threat of fire.”
Johan Lahiri, Business Unit Manager of Special Infrastructure Solutions at Sdiptech, said: “As a business we recognise that a well-functioning infrastructure is vital to our societies and everyday lives. Effective fire protection has an integral role to play in that process, not only protecting lives but also buildings and assets.
“Patol has demonstrated its capacity to manufacture innovative systems which are in use throughout the world, as well as forming relationships with partners to extend its capabilities into areas such as Aspirating Smoke Detection (ASD) and Infrared Heat Detection.”
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International Fire Buyer
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