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New Deal


Announced

Completed

Halma completed the acquisition of Deep Trekker for CAD60m.

Financials

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Transaction Value£36m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

industrial machinery

Machinery: Industrial

Acquisition

Private

machine manufacturer

Canada

Majority

Friendly

Single Bidder

Cross Border

Synopsis

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Halma, the global group of life-saving technology companies, completed the acquisition of Deep Trekker, a remotely operated vehicle submersible crawler system and subsurface camera provider, for CAD60m. “Deep Trekker is an exciting addition to Halma, which is highly aligned with our purpose, both in terms of helping to ensure a cleaner environment, and in improving the safety of underwater inspections. It offers new opportunities for growth in several markets, driven by increasing health, safety and environmental regulation, and global efforts to address climate change, waste and pollution,” Andrew Williams, Halma CEO.

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