M&A Deal Summary

Halma Acquires Swift

On November 24, 2006, Halma acquired technology hardware company Swift for 2M GBP

Acquisition Highlights
  • This is Halma’s 8th transaction in the Technology Hardware sector.
  • This is Halma’s 26th largest (disclosed) transaction.
  • This is Halma’s 11th transaction in the United Kingdom.

M&A Deal Summary

Date 2006-11-24
Target Swift
Sector Technology Hardware
Buyer(s) Halma
Deal Type Add-on Acquisition
Deal Value 2M GBP

Target

Swift

Ulverston, United Kingdom
Swift (943) Ltd. (System Technologies) is a designer and manufacturer of underwater asset monitoring equipment serving, principally, the petrochemical and homeland security sectors.

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Buyer(S) 1

Buyer

Halma

Amersham, United Kingdom

Category Company
Founded 1894
Sector Safety/Security
Employees9,000
Revenue 2.2B GBP (2025)
DESCRIPTION

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


DEAL STATS #
Overall 23 of 57
Sector: Technology Hardware M&A 8 of 12
Type: Add-on Acquisition M&A Deals 22 of 52
Country: United Kingdom M&A 11 of 19
Year: 2006 M&A 3 of 3
Size (of disclosed) 26 of 30
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-24 Tritech International

Aberdeen, United Kingdom

Tritech Holdings Ltd. is a designer and manufacturer of underwater asset monitoring equipment serving, principally, the petrochemical and homeland security sectors. Their underwater positioning and sonar technology instruments are most often fitted to remotely operated vehicles with a variety of applications.

Buy £8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-07 Labsphere

North Sutton, New Hampshire, United States

Labsphere, Inc. is a designer and manufacturer of innovative light testing and measurement products and specialised optical coatings. These high quality devices and materials are used by a wide range of end users, including government and commercial organisations for testing, measuring and calibrating optoelectronic devices against widely accepted National Standards of performance, to conform with regulations or drive technical advances.

Buy $14M