Announced
Completed
Synopsis
Halma, a global group of life-saving technology companies, completed the acquisition of Brownline, a provider of smart, trenchless underground drilling technology, for £129m. “I would like to thank Mentha for their partnership over the last seven years during which we made great progress in further professionalising the company and growing our business. Joining Halma marks an exciting new chapter for Brownline. We’ve built our reputation on precision, innovation, and reliability—values that align closely with Halma’s purpose and long-term vision. Its decentralised model gives us the autonomy to continue doing what we do best, while benefiting from the strength of a global group committed to solving critical infrastructure challenges," Bertjan Molenaar, Brownline Founder and CEO.
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