M&A Deal Summary

Industrial Safety Technologies Acquires Oldham Gas

On July 30, 2013, Industrial Safety Technologies acquired safety/security company Oldham Gas from Industrial Scientific

Acquisition Highlights
  • This is Industrial Safety Technologies’ 1st transaction in the Safety/Security sector.
  • This is Industrial Safety Technologies’ 1st transaction in France.

M&A Deal Summary

Date 2013-07-30
Target Oldham Gas
Sector Safety/Security
Buyer(s) Industrial Safety Technologies
Sellers(s) Industrial Scientific
Deal Type Divestiture

Target

Oldham Gas

Arras, France
Oldham has specialized in safety, gas and fire detection.

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Buyer(S) 1

Buyer

Industrial Safety Technologies

Woodlands, Texas, United States

Category Company
Founded 2011
Sector Safety/Security
DESCRIPTION

Industrial Safety Technologies (IST) is made up of a group of companies strongly committed to developing the newest innovations in industrial safety solutions. From ground breaking wireless technology to the first hazardous gas emergency training system, the IST group provides among the most advanced and reliable solutions to protect lives and workplaces around the world. Detcon and Gas Measurement Instruments (GMI) provide IST with a solid foundation of fixed and portable gas detection solutions; DSA Detection specializes in the design, manufacture and distribution of consumables for leading brands of explosives and narcotics trace detectors (ETD); and Simtronics is a world class provider of sophisticated gas and flame detection systems for onshore and offshore industries. The four companies operate independently within the IST group.


DEAL STATS #
Overall 3 of 3
Sector (Safety/Security) 1 of 1
Type (Divestiture) 1 of 1
Country (France) 1 of 1
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-28 Detcon

The Woodlands, Texas, United States

Detcon designs and manufactures a wide range of industrial grade gas detection sensors and electronic control systems. Detcon was established in 1983 and began commercial activity with its first products in early 1985. The company has continued to grow in product base and market share. Application experience includes virtually every conceivable type of industrial facility. Detcon's wide range of sensor technology and electronic product designs establishes a competitive advantage in providing practical and affordable gas detection solutions in even the most difficult and challenging industrial environments.

Buy -

Seller(S) 1

SELLER

Industrial Scientific

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1976
Sector Test/Measurement Equipment
DESCRIPTION
Entrance to Industrial Scientific's corporate headquarters in Pittsburgh, Pennsylvania.
Entrance to Industrial Scientific's corporate headquarters in Pittsburgh, Pennsylvania.

Industrial Scientific Corporation is a provider of gas detection technologies and solutions. The Company is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector (Safety/Security) 1 of 1
Type (Divestiture) 1 of 1
Country (France) 1 of 1
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-09 Design Build Own Operate

San Carlos, California, United States

Design Build Own Operate, Inc. measures human error in the workplace, for an undisclosed amount. DBO2 has amassed the largest repository of workplace behaviors and conditions in the world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-07 Intelex Technologies

Toronto, Ontario, Canada

Intelex Technologies Inc. is a provider of Environmental, Health, Safety (EHS) and Quality management software solutions.

Buy $570M