Security

Halma Acquisition Strategy: Fire & Security Businesses in High-Value Niche Markets

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Halma Infrastructure Safety Sector, one of four sectors of UK listed company, Halma plc, protects commercial, industrial and public buildings through fire safety systems and sensors for security, elevator safety and access control. Sector strategy is to grow and acquire businesses in high-value niche markets with high barriers to entry and with global reach in selected market areas of fire and security, according to the Halma Infrastructure Safety Sector Capital Markets Day presentation on 5th March 2020. Established through the acquisitions of Apollo Fire Detectors, Advanced Electronics, FFE and Firetrace businesses, the sector benefits from a long-term focus on the fire detection market, with a strong presence in the UK and Europe. The Fire sub-sector is the largest business area accounting for around 50% of FY2019 Sector revenues of £409 million. The sector has three further sub-sectors; Security and Elevator Safety account for […]

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