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Synopsis
Halma, the leading safety, health and environmental technology group, acquired Ampac Group, a leading fire and evacuation systems supplier in the Australian and New Zealand markets, for A$135m. Andrew Williams, Group Chief Executive at Halma, commented: "This is an exciting acquisition that extends our geographic footprint and strengthens the intellectual property of our fire detection businesses. Ampac brings a strong brand, robust technology and well-established routes to market, and has been a partner for our business for several decades. Its highly complementary technologies will strengthen our value proposition, and it is well positioned to benefit from Halma's Growth Enablers. This is a further example of our strategy to acquire regional partners to accelerate growth in our core Fire Detection markets, following our successful acquisition of Limotec in Belgium in 2018, and Advanced Electronics in the UK in 2014. We look forward to Ampac joining Halma and to working with its management team."
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