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| MST’s fireproof doors attract takeover |
| Friday, 20 April 2012 13:37 |
|
US company PaR Systems Inc of Shoreview, Minnesota has taken over Marine Technology Systems Ltd, a specialist coating company based in Cheshire, England. PaR Systems provides a range of engineering systems for naval use. The company has acquired MST because it has successfully developed COMFIRE®, a fireproof composite now being used for fireproof doors for installation in the Royal Navy’s new Queen Class aircraft carriers. PaR Systems has identified further market places for this technology which will also add to the value of its existing portfolio of naval and marine products. |
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