svt Group to acquire AIK Flammadur Brandschutz
svt Group (“svt” or “the Group”) is pleased to announce the acquisition of AIK Flammadur Brandschutz GmbH (“AIK”), a manufacturer of passive fire protection products and systems. Financial terms of the transaction are not disclosed.Established in Seevetal/Hamburg in 1969, svt is a leading passive fire protection and restoration management company in Germany. The Group operates in two segments – passive fire protection (“PFP”) and restoration management (“RM”), which share know-how and experience. svt has in total a network of 22 branches in Germany, local presence in Poland and Russia and a