Halma plc Acquires FirePro for €150m
March 28, 2023
Halma plc has acquired FirePro, a Limassol-headquartered designer and manufacturer of condensed aerosol fire suppression systems, for €150 million on a cash- and debt-free basis. FirePro will operate as a standalone company within Halma's Safety sector, broadening Halma's fire-detection and suppression capabilities and giving FirePro access to Halma's global reach and resources.
- Buyers
- Halma plc
- Targets
- FirePro
- Industry
- Manufacturing
- Location
- Cyprus
- Transaction Type
- Buyout
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