White & Case advises Mercor on US$115 million sale of natural smoke exhaust and fire ventilation business to Kingspan Group

Global law firm White & Case LLP has advised "MERCOR" S.A., a European market leader in fire protection, on the US$115 million sale of its gravity smoke extraction and fire ventilation business to the Kingspan Group, a global supplier of insulation technologies and comprehensive system solutions for buildings.

The sold companies hold assets related to the operation of gravity smoke extraction systems, roof lighting systems and fire ventilation systems in Poland, Spain, the Czech Republic, Slovakia, the UK, Hungary, Ukraine and Romania. The transaction involved, among other things, the separation of the assets being sold in Poland, Hungary and Spain and the simultaneous completion in the eight countries referred to above.

The transaction's finalization was preceded by the conclusion of a side agreement to the preliminary share sale agreement for "MERCOR" Group companies signed in 2024 between "MERCOR" S.A. and Kingspan société à responsabilité limitée. Under this side agreement, the parties to the sale agreement were expanded to also include two additional subsidiaries of Kingspan Group Plc – Kingspan Holdings Spain S.L.U. and Kingspan Water & Energy sp. z o.o.

The White & Case team that advised on the transaction included partners Marcin Studniarek and Marek Sawicki (both Warsaw), local partners Jakub Gubański and Paweł Zagórski (both Warsaw), counsel Grzegorz Jukiel, Klaudia Malczewska (both Warsaw) and Vladimír Ivančo (Prague) and associates Michał Szczepański, Klaudia Pacocha, Iwo Małobęcki, Michał Plich, Damian Lubocki, Maciej Gac, Radomir Szewczuk, Adam Marszałek, Mateusz Dyduch, Jarosław Fejdasz, Aleksandra Rajek, Zuzanna Tałady, Michał Horelik (all Warsaw) and Kamila Daňková (Prague).

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