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  5. Halma Acquires Avire

M&A Deal Summary

Halma Acquires Avire

On May 29, 1998, Halma acquired technology hardware company Avire

Acquisition Highlights
  • This is Halma’s 1st transaction in the Technology Hardware sector.
  • This is Halma’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 1998-05-29
Target Avire
Sector Technology Hardware
Buyer(s) Halma
Deal Type Add-on Acquisition

Target

Avire

Berks, United Kingdom
Avire Ltd. is a provider of emergency telecommunications equipment for elevators.

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Buyer(S) 1

Buyer

Halma

Amersham, United Kingdom
Category Company
Founded 1894
Sector Safety/Security
Employees7,000
Revenue 2.0B GBP (2024)
DESCRIPTION

Halma is a UK-based group of technology companies that makes products for hazard detection and life protection. Halma was founded in 1894 and is based in Amersham.

DEAL STATS #
Overall 2 of 57
Sector (Technology Hardware) 1 of 12
Type (Add-on Acquisition) 2 of 52
Country (United Kingdom) 2 of 19
Year (1998) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1981-01-01 Volumatic

Coventry, United Kingdom

Volumatic is a provider of intelligent cash handling products and services to UK and international markets, with a long-established, blue-chip customer base. Volumatic was founded in 1972 and is based in Coventry, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-29 Shuco Products

United Kingdom

Shuco Products Ltd. is a manufacturer of plastic headed nails and screws. These specialist fixings are used to attach UPVC cladding to buildings, in the manufacture of caravans and for fixing signs and number plates.

Buy -
Mergr

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