Lindab acquires Thor Duct, market leader in fire & smoke ventilation control systems
Licensing of certified fire ductwork systems for the UK and Ireland Lindab has acquired IP rights, customer contracts and supplier agreements for Thor Duct 's fire ductwork system. Thor Duct is based in Ireland and is licensing the production of its certified technology to a number of customers in the UK and Ireland, including Lindab. The acquisition includes customer contracts to a value of EUR 2 million and is a spin-off from current operations. The acquisition will add a positive contribution to Lindab's profitability. Thor Duct 's products are used to extract smoke and prevent the