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News > Halma to Further Expand

Halma to Further Expand

  23/06/2010
Halma has announced record results with profits up 9% to GBP86m and revenue rising by 1% to GBP459m. The UK-based group - which includes fluid technology companies Diba Industries, BioChem Fluidics, Perma Pure and Acquionics - has posted strong financials to raise shareholder dividends by 7%. The company plans to augment its organic growth efforts through acquisition of complementary technology companies.



Halma's subsidiaries operate in three main market sectors: Health and Analysis, Infrastructure Sensors, and Industrial Safety, creating shareholder value with consistent organic growth and sound acquisitions. Halma companies operate as independent entities under the day-to-day direction of their local management, while reaping the capital and network benefits of a larger multi-national parent.


The company is seeking successful and profitable companies that are closely allied to any of its current market sectors, although photonics, water, fluid technology and health optics are a particular focus. It has GBP100m earmarked for acquisitions.


"There continues to be strong demand for our fluid technology products, both on the component and the water treatment side," explains Chuck Dubois, Divisional Chief Executive of Halma's Fluid Technology Division. "Scientific and medical diagnostic fields are expanding with new equipment and technology. Water resources and access to safe, clean water are global concerns. We are looking for companies with products and technologies that can meet these demands. The capital, marketing and technical resources Halma can offer, to the right company, can enable these technologies to reach their full market potential."


Headquartered in the United Kingdom, Halma is a holding company of approximately 35 worldwide subsidiaries that develop and manufacture products that protect lives and improve quality of life for people worldwide. The company's business groups focus on industrial safety, health and analysis and infrastructure sensors.

 





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Supplier: Halma Water Management (HWM)

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