FTSE 100 firm Halma has acquired E2S Group Ltd for £230 million.
Founded in 1992, E2S designs and manufactures notification, initiation and detection devices primarily used in highly hazardous environments in heavy industries and complex manufacturing.
Headquartered in London, it also has operations in the USA and France.
E2S’s revenue for the 12 months to 31st December 2025 is forecast to be approximately £44m.
Halma, a global safety, health and environmental technology group, said the acquisition supports a continued expansion into fire detection and alarm systems and E2S will sit within Halma’s safety sector.
The Buckinghamshire-based company is on track to achieve its 23rd consecutive year of record profit and has a market cap of £13.75 billion.
The deal for E2S is on a cash and debt-free basis.
“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,” said Halma group CEO Marc Ronchetti.
“We look forward to supporting their continued development as they continue to scale their business globally.”
Brett Isard, co-founder and CEO of E2S, added: “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.”