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CMI Ltd Announces Acquisition Of Flameproof Engineering Pty Ltd

Thursday, 3 Oct 2013 08:50pm EDT 

CMI Ltd announced that it has acquired the business assets of Flameproof Engineering Pty Ltd (Flameproof) from Flameproof’s administrators. Flameproof specialises in the design, manufacture and assembly of fire and explosive retardant products for control units used in the gas, petroleum and other hazardous industries. The Flameproof business will be absorbed into the existing CMI Electrical division with key management of the business retained as employees. The purchase price of Flameproof consisted of $350,000 paid in cash. 

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