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Announced

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Halma completed the acquisition of Static Systems for £37m.

Synopsis

Halma, the global group of life-saving technology companies, completed the acquisition of Static Systems, a designer, manufacturer and installer of critical communication systems, for £37m. "Static Systems is highly aligned with our purpose and further extends our communications presence across multiple healthcare settings. In addition to opportunities for growth in international markets and through deeper clinical and technological integration, it is envisaged that Static Systems will provide a route to the UK healthcare market for certain existing products and services within Halma's Medical sector, including CenTrak's Real-Time Locating Systems," Andrew Williams, Halma CEO.

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