Flaming hot deal: Altebra Group acquires unit from Lybover

Lybover supports this new step and becomes a minority shareholder of Altebra.

Altebra (short for ‘Alles Tegen Brand’ in Dutch) is a 100 percent Belgian, fast-growing company and market leader in Belgium in the field of sprinkler and foam extinguishing systems. The company has entered into a strategic partnership with Lybover FIRE, a specialist in smoke and heat extraction systems (RWA) and fire compartmentation (RWC).

Lybover splits off its Business Unit FIRE, one of the six Business Units of the Lybover group, from Keller Lufttechnik Benelux bv and Lybotech bv and places it in a new company called Altebra Waregem bv. This new company will join the Altebra Group. The daily management of Altebra Waregem remains in the hands of Stijn Vandenberghe and Filip Van Meerhaeghe, the current Business Unit Managers of Lybover FIRE. The activities will also continue to be carried out at the same location in Waregem.

Thanks to this collaboration, Altebra becomes unique in Europe with a complete one-stop-shop offering of active fire protection, ranging from design and installation of fire-safe systems, such as fire detection, (foam) sprinkler, gas extinguishing, high-pressure water mist, combined with expertise in RWA. and RWC of Altebra Waregem, as well as in the field of maintenance and advice.

Lybover was assisted in this transaction by Vervisch Overnamebegeleiding. Altebra was advised by Argo Law and LDS Advisory.

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