Halma completed the acquisition of Maxtec for $20m.

Halma, a safety, health and environmental technology group, completed the acquisition of Maxtec, a leader in the design, manufacture and distribution of oxygen analysis and delivery products for use in medical and non-medical applications, for $20m. "Maxtec is highly aligned with our purpose, and further extends our presence in diagnostic products and acute healthcare. It brings technology and a market presence that will accelerate Perma Pure's growth in medical moisture management products and adds a new niche in oxygen analysis and delivery products, where growth is being driven by ageing populations and the increasing prevalence of heart and respiratory conditions. I am delighted to welcome Maxtec to the Halma group of companies and look forward to supporting its future development," Andrew Williams, Halma CEO.