Antis Triantafyllides & Sons LLC advises Halma plc in relation to acquisition of FirePro for EUR 150 million
Our firm acted as the local legal advisor of Halma plc, a global group of life-saving technology companies, in relation to the acquisition of FirePro, a leading designer and manufacturer of aerosol fire suppression systems, for a consideration of EUR 150 million.
FirePro’s systems protect people, critical infrastructure and equipment from fire using a non-pressurised condensed aerosol technology which does not contain ozone depleting substances or fluorinated greenhouse gases and extinguishes fire without causing damage to the environment. FirePro’s products, for which it holds several patents, have been installed in over 110 countries, across a broad range of industries and applications, and have listings and approvals with certified bodies around the world.
Our firm attended to all Cypriot law corporate matters in connection with the transaction, along with Addleshaw Goddard LLP as international legal advisors.
The firm’s team was led by Stelios Triantafyllides, managing partner of the firm, supported by a wider team of specialists from across the firm including Vasiliki Triantafyllides, Constantinos Leontiou, Dina Kanga and Yiolanti Maou.