Announced

Completed

Safe Monitoring Group completed the acquisition of MEMS.

Synopsis

Safe Monitoring Group, an industry group of gas detector and gas analyzer manufacturers, completed the acquisition of MEMS, a manufacturer of gas analyzers. Financial terms were not disclosed. “I have got to know MEMS during the past year and I´m really impressed with their exceptional products together with their broad expertise in electronics development. The GasQS products are true enablers of the transition into more efficient and sustainable gas usage around the globe. I´m looking forward to expanding the business together with the team of MEMS. Safe Monitoring Group will continue our expansion in new geographies and applications by organic growth and an ambitious acquisition agenda," Alexander Larsson, Safe Monitoring CEO.

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