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Detnov Security S.L. has signed an agreement for the acquisition of the company Llenari S.A, a Spanish company located in Vitoria (Álava) that is dedicated to the manufacture and marketing of fire protection equipment.
With this operation, Detnov strengthens its national presence and promotes its development in new geographic areas and market sectors.
During these years, Detnov has consolidated its leadership position in the national market, thanks to a strategy based on organic growth and the development of innovative technological products.
The acquisition represents a perfect complement to the current portfolio of products that Detnov sells, acquiring a historic brand in the field of fire detection in Spain and opening an opportunity to expand the business both nationally and internationally.
Detnov will integrate Llenari as a separate entity: Llenari will retain its own brand, team and strategy. “Both companies need to learn to work together to develop their full potential, we share the same philosophy with complementary offers and positions,” says Raúl García, CEO of Detnov.
Both parties agreed not to reveal financial details of the transaction. The acquisition is subject to the usual closing conditions, including regulatory approvals.