Halma plc (LSE:HLMA) acquired European Safety Systems Limited for £230 million on December 5, 2025. A cash consideration of £230 million will be paid by Halma plc. As part of consideration, £230 million is paid towards common equity of European Safety Systems Limited. The cash consideration for E2S is £230 million, on a cash- and debt-free basis, to be funded from Halma's existing facilities.
Halma plc (LSE:HLMA) completed the acquisition of European Safety Systems Limited on December 5, 2025. Kevin Grant, Joe Maher, Jenny Holmes, Mark Knights, Seth Levy, Alexandra Lopez-Casero, Damian Myers, and Brian Whittaker of Nixon Peabody LLP acted as a legal advisor to Halma plc.
Halma plc specializes in design, manufacturing and marketing of security equipment. Net sales break down by family of products as follows:
- infrastructure surveillance sensors and industrial security equipment (40.1%): fire and smoke detectors, electronic elevator systems (door control systems, emergency communication equipment, display modules, etc.), automatic door sensors, single-use pressure relief valves, mechanical, electrical, and electromechanical interlocks, flammable and hazardous gas detection systems, etc.;
- environmental analysis equipment (34.5%): photonic products, water storage, treatment, and analysis equipment, etc.;
- healthcare equipment (25.4%): optical magnification and diagnostic equipment, fluid management systems (pumps, probes, valves, connectors, and tubes), etc.
Net sales are distributed geographically as follows: the United Kingdom (14.1%), Europe (19.2%), the United States (46.2%), Asia-Pacific (13.5%), Africa-Near East-Middle East (3.6%) and other (3.5%).