Halma plc (LSE:HLMA) acquired Safetec Srl for ?72.5 million on January 9, 2026. The cash consideration for Safetec is ?72.5 million, on a cash- and debt-free basis, to be funded from Halma's existing facilities.
Safetec will be a standalone company within Halma's Safety Sector, led by its current management team.
Halma plc (LSE:HLMA) completed the acquisition of Safetec Srl on January 9, 2026.
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%).
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