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25/04/2014

Merger announcement

North Fire Plc Merger with Rosenbauer

Eaton Smith are proud to have worked with North Fire Plc on its recent merger with leading Austrian fire protection company Rosenbauer.

Deborah Melluish, head of the Corporate and Commercial team at Eaton Smith that worked on the deal said “We are delighted to have worked with North Fire Plc on this transaction and wish Managing Director Oliver North and Rosenbauer all the very best with the future of the business which will now rebrand to Rosenbauer UK.”

Details of the merger issued by North Fire Plc and Rosenbauer today are below:

“On 24th April 2014, Rosenbauer International completed the acquisition of the majority shareholding (75%) in North Fire plc and will re-brand to Rosenbauer UK in the coming days.

The strategic move has been made following the recent launch of the full Rosenbauer fleet options into the UK by Rosenbauer and North Fire, and with forecasts showing significant growth on the imminent horizon the two companies have come together to intensify the service and manufacturing elements required to raise the bar of quality and efficiency from a Fire Appliance and Vehicle Component perspective. Fire Fighting Equipment and Argus Thermal Imaging products will maintain their current, high level of support and service back-up with the current market leading product ranges such as the Argus Mi-TIC and Rosenbauer HEROS-xtreme fire helmets continuing to flourish on UK soil.

Rosenbauer UK will remain partly British-owned too, with North Fire’s Managing Director, Oliver North, retaining a 25% shareholding in the new company, and the excellent North Fire Team will transfer seamlessly across to the new organisation in their entirety, keeping the current West Yorkshire base as its Headquarters.”
Posted Friday 25th of April 2014