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Industry News
PaR Systems acquires Marine Systems Technology Ltd.

Composites specialist PaR Systems purchases Marine Systems Technology Ltd. and affiliated company MST Engineering Ltd.; both companies are located in Winsford, U.K.

Author:
Posted on: 4/30/2012
Source: CompositesWorld

PaR Systems Inc. (St. Paul, Minn., USA) announced on April 22 the purchase of Marine Systems Technology Ltd., an expert in lightweight composites, fire protection and composite engineering, and affiliated company MST Engineering Ltd., designers and manufacturers of marine doors, panels, hatches, scuttles and other products. Both companies are located in Winsford, U.K.

Marine Systems Technology (MST) invented the patented composite technology COMFIRE, which provides a major advance in passive fire protection at the highest level on military and commercial ships. MST was recently the first company ever to qualify a door to U.S. Navy fire boundary specifications.

The new business will be part of the PaR Marine group with headquarters in Brunswick, Ga., USA. PaR Marine provides engineered equipment and systems for defense, commercial and industrial applications. PaR Marine focuses on providing marine customers with specialty equipment, cargo handling systems and deck machinery while combining its engineering with comprehensive heavy fabrication capabilities.

“The addition of Marine Systems Technology into the PaR family is an ideal fit to allow us to continue to grow our presence in the international marine market, and also provides the platform for further expansion of PaR’s growth in Europe across all its sectors,” states Ian Haley, president of PaR Marine. “COMFIRE products will serve as a catalyst to expand in a number of market segments in which PaR Marine is interested; U.K. navy, submarines, cruise and other commercial ships, and offshore oil platforms. Also, the MST organization shares the same deep values that PaR holds, in particular the focus on providing the client with the best quality and reliable specialty engineered product.” 

COMFIRE products have low weight and world-leading fire resistance and sound attenuation qualities, particularly in marine environments. The range of products includes fire doors, watertight fire doors, level access door systems, bulkheads and non-combustible case goods for applications throughout the entire interior of today’s naval ships, offshore vessels, cruise ships, and fast ferries.

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