Multimillion-euro acquisition will quadruple size of Writech
The acquisition of British fire systems company Compco will result in Writech’s turnover increasing to €70 million overnight
Writech, the Mullingar-based manufacturer of fire protection systems, has acquired a British fire engineering firm called Compco Fire Systems.
While details of the transaction were not disclosed, the Business Post understands the acquisition will cost Writech in the region of €25 million (£20 million).
Founded in 1988 and employing over 200 people, Compco is the largest privately owned fire-engineering company in Britain offering a wide range of fire system services to all sectors.
For its ...