Halma completed the acquisition of WEETECH from PINOVA Capital for £50m.

Halma, a British global group of safety equipment company, completed the acquisition of WEETECH, a designer, manufacturer and distributor of test systems, from PINOVA Capital, an independent private equity firm, for £50m. "We are delighted to welcome WEETECH to Halma and look forward to supporting their future development through our Growth Enablers. WEETECH brings new opportunities for growth in electrical safety, driven by increasing safety needs and greater regulation. Their technology will play an important supporting role in addressing key issues such as growing urbanisation, the challenge of energy transition and the adoption of more efficient modes of transport, such as mass transit systems and electric vehicles," Andrew Williams, Halma CEO.