by Montis CF
Aschaffenburg/ Stuttgart/ Dieburg, 27 October 2020
MONTIS Corporate Finance successfully advised FST Feuer-Schutz-Technik R+D GmbH on the sale to Kolektor Insulation GmbH. FST develops and produces innovative solutions for preventive structural fire protection. The company is located in Stuttgart and specializes not only in fire protection, but also in heat and noise insulation. Since 2008, Kolektor Insulation belongs to the Kolektor-Group based in Idrija, Slovenia, and currently employs more than 5,000 staff members worldwide. Taking over FST is part of Kolektor Insulation’s plan to widen their service portfolio acquiring yet another fire protection company.
„Besides organic growth this acquisition is part of our corporate strategy 2017-2021. Along with that, we expect further positive development of all our product brands. After acquiring the entire operating business activities of Pyro-Fox in 2017, a new chapter opens up for us. The products of FST in combination with their customer base form the ideal enhancement to our existing division specializing in fire and noise protection. We plan on proceeding with further sustainable cross-industry expansions“, claims CEO Rado Starc (Kolektor Insulation GmbH).
„I am highly convinced that Kolektor Insulation and FST are a successful match as partners. Together, we will complement each other’s product portfolios and further develop existing products and services. After more than 40 years of market expertise in fire protection it was a significant concern to us to hand over our clients to an experienced, strategic investor” comments Reinhold Drosselmeyer, former CEO of FST. “MONTIS Corporate Finance supported us as an excellent advisor throughout the entire transaction process, working with an impressive level of efficiency”, Drosselmeyer states.