VACAVILLE, CALIFORNIA

 

M&G Group, owners of M&G DuraVent Inc. ("DuraVent"), is pleased to announce that it has signed an agreement to purchase Security Chimneys International Limited ("Security") from Comvest Investment Partners IV, L.P.  and Innovative Hearth Products. 

 

Security, located in Laval, Quebec, Canada, is a manufacturer of venting products and accessories for residential and commercial applications in both the USA and Canada. 

 

Brooks Sherman, president and CEO of DuraVent, said, "We are very excited about the addition of Security, which will serve to expand DuraVent's market-leading position of innovative products for the venting of residential and commercial appliances of all kinds. In particular, Security has recently made significant investments to further develop its commercial venting systems, which has excellent potential for future growth.  

 

This acquisition further demonstrates DuraVent's commitment to provide customers with technologically advanced chimneys and Complete Venting Solutions. Security will continue to serve all the venting needs of its customers in both the U.S. and Canada under its well-established brand names including Security Chimneys and Oliver MacLeod."   

 

DuraVent is a recognized technological leader in the venting industry. DuraVent is part of the M&G Group, the worldwide leader in venting systems, dedicated to the development, manufacturing and marketing
of a wide range of flue and vent products in aluminum, stainless steel and plastic for the HVAC and hearth industries. For more information, please visit the website.

For 50 years, Security has built a reputation as one of the most trusted suppliers of quality chimneys, focusing on the research and development of new products and services for the residential and commercial markets. With a 104,800 sq. ft. manufacturing facility in Laval, Quebec, it is fully equipped to supply its customers with fully certified products to meet their venting needs.

To learn more, please contact
M&G DuraVent Inc.
Brooks Sherman, President & CEO
Office: (800) 835-4429
or email. 

HOUSTON, TEXAS

 

  David Barish, president of Chair King Backyard Store, announced today that the family's Barish/S.W. Freeway LLC has purchased a 20,115 sq. ft. building located on the Southwest Freeway in Houston, the most trafficked highway in Texas. Chair King will begin a remodel and update of the property in order to open in March 2013. Chair King Southwest Freeway will carry the well known brands and merchandise found in all its stores, and will also feature new, higher-end lines that cater to this trade area.

This new store will be the 18th Chair King Backyard Store in Texas, including two in San Antonio, three in Austin, five in the Dallas/Fort Worth area and seven in Houston. Chair King also operates Leisure Collections, a design/contract showroom in Houston, and is the majority owner of Fortunoff Backyard Store, a 13-store chain located in New York and New Jersey.

Chair King will also remodel several of its Texas locations in time for the Spring selling surge. Chair King Humble and Grapevine both will receive new storefronts including glass windows and fabric awnings along with energy saving new lighting and HVAC. One of Chair King's Austin locations will be moved next door into a completely rebuilt store within a remodeled shopping center.

Chair King has been in business for over 62 years, selling a full range of outdoor pool and patio furniture, Weber grills, outdoor accessories as well as indoor dinettes & barstools. Chair King combined with its Fortunoff subsidiary is the largest specialty retailer of pool and patio furniture in the country.