The ownership
change was effective Sept. 1. Terms were not disclosed.
Simpson Dura-Vent has been acquired by the M&G
Group, and is now called M&G DuraVent Inc.
The ownership
change was effective Sept. 1. Terms were not disclosed.
The privately owned M&G Group is a consortium of
13 European venting and chimney companies based in the Netherlands.
Officials with the new company said the change will have little impact on
day-to-day operations.
“There is no change with our employees, manufacturer
reps, e-mail, phone numbers, etc. Business will run seamless though there has
been a change in ownership,” said Steve Eberhard, president of M&G DuraVent.