LONDON (dpa-AFX) - Halma (HLMA.L), on Thursday, said it acquired G.F.E. -
Global Fire Equipment, S.A. for its Safety Sector fire detection company, Ampac
Pty Ltd.

The consideration for GFE is ¤42.5 million on a cash- and debt-free basis, which
will be paid in cash and funded from Halma's existing facilities. GFE's
unaudited revenue for the 12 months to 31 March 2024 was ¤16.2 million, with an
adjusted EBIT margin above Halma's target range of 19%-23%.

GFE specializes in the design and production of fire detection and alarm
systems. Its product line encompasses control panel equipment, fire detectors,
sounders, and emergency lighting tailored for commercial clientele. The
technologies offered by GFE are complementary to Ampac's existing array of
leading fire detection companies, thereby enhancing Ampac's footprint in the
European market for comprehensive fire systems.

Marc Ronchetti, Group Chief Executive of Halma, said, 'GFE's technologies are
complementary to Ampac's fire safety systems portfolio and will further expand
the geographical markets it serves. We are excited by the opportunities we
continue to see for purpose-aligned acquisitions to join Halma. It is also great
to see our existing companies adding new capabilities and distribution reach
through bolt-on acquisitions to accelerate their long-term growth. We are
delighted to welcome GFE to our portfolio of market-leading fire detection
companies.'



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