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Halma completed the acquisition of Global Fire Equipment for €42m.

Synopsis

Halma, a safety equipment company, completed the acquisition of Global Fire Equipment, a control panels, detectors, and fire alarm equipment manufacturer, for €42m. "GFE's technologies are complementary to Ampac's fire safety systems portfolio and will further expand the geographical markets it serves. We are excited by the opportunities we continue to see for purpose-aligned acquisitions to join Halma. It is also great to see our existing companies adding new capabilities and distribution reach through bolt-on acquisitions to accelerate their long-term growth. We are delighted to welcome GFE to our portfolio of market-leading fire detection companies," Marc Ronchetti, Halma CEO.

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