Halma completed the acquisition of Safetec for €72.5m.

Halma, the global group of life-saving technology companies, completed the acquisition of Safetec, a provider of fire and gas safety solutions for large-scale, complex and high-risk industrial projects, for €72.5m. "Safetec further enhances our capabilities in fire and gas safety systems for complex industrial environments. It brings deep engineering expertise and a strong reputation for delivering high-quality, tailored safety solutions for its customers. These capabilities further strengthen the Safety sector and extend our reach in supporting the protection of lives and critical assets. We are pleased to welcome Safetec to Halma and excited by the opportunities for its continued growth," Marc Ronchetti, Halma CEO.