HAKI Safety Acquires Semmco Group

October 31, 2024

HAKI Safety AB (publ) has completed the acquisition of UK-based Semmco Group, a manufacturer of aircraft and train maintenance access platforms and steps. The purchase expands HAKI Safety's product range and end-market exposure into aviation and rail, and was paid in cash with a maximum purchase price of GBP 8.5 million (including contingent earn-out).

Buyers
HAKI Safety AB (publ)
Targets
Semmco Group
Sellers
Semmco Group shareholders (including founder Stuart McOnie)
Industry
Manufacturing
Location
Surrey, United Kingdom
Transaction Type
Buyout

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