Simpson completes Dura-Vent sale

Pleasanton, Calif.-based Simpson Manufacturing announced that on Aug. 31 it completed the sale of Simpson Dura-Vent to M&G Dura-Vent, a newly formed, wholly owned, indirect subsidiary of M&G Holding B.V.

The purchase price was $27.7 million.

Simpson designed and manufactured venting systems for gas and wood burning appliances. Netherlands-based M&G Holding manufactures and distributes venting systems for the European market.

Want to read more?
This content is available only to registered users. Log in to read the rest of this article or create a free account.