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Announced

Completed

Halma completed the acquisition of FirePro for €150m.

Financials

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Transaction Value£132m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales4.3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Security Equipment

Private

Completed

fire protection

Majority

Cross Border

Acquisition

Cyprus

Friendly

Single Bidder

Synopsis

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Halma, a global group of safety equipment companies, completed the acquisition of FirePro, a designer and manufacturer of aerosol fire suppression systems, for €150m ($162m). “Fire safety technology plays a key role in protecting people and their environment. By joining Halma, we gain access to new capabilities and collaborative opportunities with a global group of businesses which is aligned with FirePro’s purpose of protecting human life," Avgoustinos Avgousti, FirePro Managing Director.

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