14:00 Mon 21 Dec 2020
Halma PLC - Acquisition
Halma plc ('Halma' or the 'Group')
Acquisition
Halma, the global group of life-saving technology companies focused on growing a safer, cleaner and healthier future, today announces that it has acquired Static Systems Holdings Limited ("Static Systems"), based in
Static Systems is a designer, manufacturer and installer of critical communication systems, which are central to
The cash consideration for Static Systems is
"Static Systems is highly aligned with our purpose and further extends our communications presence across multiple healthcare settings. In addition to opportunities for growth in international markets and through deeper clinical and technological integration, it is envisaged that Static Systems will provide a route to the
For further information, please contact:
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Halma plc |
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+44 (0)1494 721111 |
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Investor Relations |
+44 (0)7469 851962 |
MHP Communications |
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+44 (0)20 3128 8788 |
A copy of this announcement, together with other information about Halma, may be viewed on its website: www.halma.com
Notes
Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner and healthier future for everyone, every day. Our innovative products and solutions address many of the key issues facing the world today. The Group comprises four business sectors:
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· Process Safety |
Technologies that protect people and assets at work. |
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· Infrastructure Safety |
Technologies that save lives, protect infrastructure and enable safe movement in public spaces. |
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· Environmental & Analysis |
Technologies to improve environmental protection and the security of life-critical resources. |
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· Medical |
Technologies which enhance the quality of life for patients and improve the quality of care delivered by healthcare providers. |
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The key characteristics of Halma's businesses are specialist technology and application knowledge for niches within markets offering strong long-term growth potential. Many Group businesses are market leaders in their specialist fields. |
1. Static Systems' primary market is within UK Healthcare, including wired and wireless nurse call systems, bedheads, and their in-house developed software integration platform. They are a leading provider of nurse call systems in the
2. Prepared in accordance with
3. For more information on Halma's Growth Enablers visit: https://www.halma.com/how-we-grow#page-intro-2
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