Halma (HLMA)

Down
Share Price:
3,490.00p
Market Cap:
£13,250m
Change Today:
-38.00p
Sector:
Electronic and Electrical Equipment

Halma buys Italy's Safetec for $72.5m

By Frank Prenesti

Date: Friday 09 Jan 2026

LONDON (ShareCast) - (Sharecast News) - Safety equipment maker Halma said it had bought Italian firm Safetec for €72.5m (£63m), on a cash- and debt-free basis, to be funded from Halma's existing facilities.
Founded in 2003 and headquartered near Milan, Italy, Safetec designs, engineers and delivers customised fire and gas safety solutions for large-scale, complex and high-risk industrial projects, Halma said on Friday.

Safetec's revenue for 2025 is forecast to be around €30m. It serves clients in the power generation, oil and gas, pharmaceutical and other sectors across markets are the Middle East, Europe and Africa.

Halma added Safetec would be a standalone company within its safety division, led by its current management team.

Reporting by Frank Prenesti for Sharecast.com

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Halma Market Data

Currency UK Pounds
Price 3,490.00p
Change Today -38.00p
52 Week High 4,878.00p
52 Week Low 3,312.00p
Volume 1,924,635
Shares Issued 379.65m
Market Cap £13,250m

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What The Brokers Say

Strong Buy 6
Buy 4
Neutral 6
Sell 0
Strong Sell 0
Total 16
buy
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