FireAngel Technology Group PLC (LON:FA) has announced a partnership with Mears Limited.
Cuurently, FireAngel is one of Europe’s leading developers and suppliers of home safety products. Additionally, the UK Housing and Care sectors receive support services by Mears Limited, a subsidiary of Mears PLC. Mears is responsible for the maintenance, repair and upgrade of over 700,000 UK properties. The agreement will see the two companies join in an exclusive partnership.
The agreement will see FireAngel supply Mears with an integrated home management system. As a result, Mears will introduce FireAngel’s UK Trade team to a number of clients effective immediately. Moreover, Mears will use FireAngel as its preferred safety product provider.
Consequently, Executive Chairman of FireAngel, Graham Whitworth, said: “Following significant R&D investment, I am pleased to announce our collaboration with Mears, which takes our smart, connected and existing products into the heart of the UK social housing sector.”
“By integrating our technological expertise in the home safety sector into Mears’ solution, FireAngel can significantly enhance the quality of service and support”
Pleased with the partnership, Chief Executive of Mears, David Miles, said: “There are real safety, commercial and financial benefits to optimising our interaction with tenants”
“We are witnessing a transition to integrated technologies and the FireAngel system will enable us to centralise those technologies into one central hub. We look forward to introducing the FireAngel solution to our clients across the footprint.”
As of 11:01 BST, FireAngel shares were trading at +35.47%.