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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