Halma plc (LON:HLMA), the global group of life-saving technology companies focused on growing a safer, cleaner, healthier future for everyone, every day, has announced that it has acquired E2S Group Ltd (E2S).
Founded in 1992, E2S designs, develops and manufactures high performance notification, initiation and detection devices primarily used in highly hazardous environments in heavy industries and complex manufacturing. E2S products are crucial for alerting personnel to potential dangers enabling a quick response and enhancing safety. It operates in various end markets including oil and gas, renewable energy power and manufacturing, where safety solutions are highly regulated given the severity of potential hazards. E2S is headquartered in London, UK, with operations in the USA and France.
The cash consideration for E2S is £230m, on a cash- and debt-free basis, to be funded from Halma’s existing facilities. E2S’s revenue for the 12 months to 31 December 2025 is forecast to be approximately £44m. The acquisition supports a continued expansion into fire detection and alarm systems and E2S will sit within Halma’s Safety Sector.
Marc Ronchetti, Group Chief Executive of Halma, commented: “We are excited that E2S is joining Halma. The company brings new capabilities in growing, highly regulated industrial safety markets which are critical in protecting human life, and solutions and technologies which are complementary to our existing strengths in fire safety and gas detection. We look forward to supporting their continued development as they continue to scale their business globally.”
Brett Isard, Co-founder and CEO of E2S said: “We’re delighted to join Halma, whose values and focus closely align with ours. Joining the Halma group gives E2S access to global resources and expertise that will help accelerate the next phase of our growth. We are looking forward to benefiting from being part of a larger organisation as we continue to expand our product range, providing our customers and partners with innovative life safety solutions, protecting people and assets in harsh and hazardous environments.”
