Halma PLC Acquisition (2511J)
21 Diciembre 2020 - 08:00AM
UK Regulatory
TIDMHLMA
RNS Number : 2511J
Halma PLC
21 December 2020
Halma plc ('Halma' or the 'Group')
Acquisition
Halma, the global group of life-saving technology companies
focused on growing a safer, cleaner and healthier future, today
announces that it has acquired Static Systems Holdings Limited
("Static Systems"), based in Wolverhampton, UK.
Static Systems is a designer, manufacturer and installer of
critical communication systems, which are central to UK healthcare
trusts' patient care infrastructure. Its technology enables
hospital patients to alert healthcare specialists in an emergency,
protecting lives and increasing the response time of care
provided.
The cash consideration for Static Systems is GBP37m, on a cash
and debt free basis, which will be funded from Halma's existing
facilities. Static Systems' unaudited revenue for the twelve months
to the end of November 2020 was GBP20.1m(2) , with return on sales
broadly in line with the lower end of the Group's range.
Andrew Williams, Group Chief Executive at Halma, commented:
"Static Systems is highly aligned with our purpose and further
extends our communications presence across multiple healthcare
settings. In addition to opportunities for growth in international
markets and through deeper clinical and technological integration,
it is envisaged that Static Systems will provide a route to the UK
healthcare market for certain existing products and services within
Halma's Medical sector, including CenTrak's Real-Time Locating
Systems."
For further information, please
contact:
Halma plc
Andrew Williams, Group Chief
Executive +44 (0)1494 721111
Marc Ronchetti, Chief Financial
Officer
Investor Relations +44 (0)7469 851962
MHP Communications
Andrew Jaques / Giles Robinson +44 (0)20 3128 8788
A copy of this announcement, together with other information
about Halma, may be viewed on its website: www.halma.com
Notes
Halma is a global group of life-saving technology companies,
focused on growing a safer, cleaner and healthier future for
everyone, every day. Our innovative products and solutions
address many of the key issues facing the world today. The
Group comprises four business sectors:
-- Process Safety Technologies that protect people
and assets at work.
-- Infrastructure Safety Technologies that save lives, protect
infrastructure and enable safe movement
in public spaces.
-- Environmental & Analysis Technologies to improve environmental
protection and the security of life-critical
resources.
-- Medical Technologies which enhance the quality
of life for patients and improve
the quality of care delivered by
healthcare providers.
The key characteristics of Halma's businesses are specialist
technology and application knowledge for niches within markets
offering strong long-term growth potential. Many Group businesses
are market leaders in their specialist fields.
1. Static Systems' primary market is within UK Healthcare,
including wired and wireless nurse call systems, bedheads, and
their in-house developed software integration platform. They are a
leading provider of nurse call systems in the UK to the acute
healthcare market. They also have a presence within international
healthcare, correctional facilities' safety systems and fire alarm
systems for complex commercial/residential properties and
educational buildings. Static Systems has an established customer
base, high levels of pipeline visibility into new UK healthcare
projects and a technical support team to service its installed
base.
2. Prepared in accordance with UK Generally Accepted Accounting Practices.
3. For more information on Halma's Growth Enablers visit:
https://www.halma.com/how-we-grow#page-intro-2
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END
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