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Halma on ?83.5m acquisition spree
27th Jan 2020 07:35
(Sharecast News) - Health and safety firm Halma said it had made two acquisitions in the US and Australia for a combined £83.4m.
The company on Monday said it had bought NovaBone Products a designer and manufacturer of US FDA-approved synthetic bone graft products, based in Florida, for £74m.
A second purchase of a 70% stake in FireMate Software, a Brisbane-based company which provides cloud-based fire protection maintenance software to fire contractors. The deal has been agreed in two tranches made up of an initial £6.2m and further £3.3m contingent on performance to 30 June 2022.
The company on Monday said it had bought NovaBone Products a designer and manufacturer of US FDA-approved synthetic bone graft products, based in Florida, for £74m.
A second purchase of a 70% stake in FireMate Software, a Brisbane-based company which provides cloud-based fire protection maintenance software to fire contractors. The deal has been agreed in two tranches made up of an initial £6.2m and further £3.3m contingent on performance to 30 June 2022.