Halma plc ('Halma' or the 'Group')

Acquisition

Halma, the global group of life-saving technology companies focused on growing a safer, cleaner, healthier future for everyone, every day, today announces that it has acquired Safetec Srl (Safetec).

Founded in 2003 and headquartered near Milan, Italy, Safetec designs, engineers and delivers customised fire and gas safety solutions for large-scale, complex and high-risk industrial projects. Safetec's solutions enable its customers to actively manage risk and comply with industry standards to protect people and critical assets in demanding environments. Its markets include power generation, oil and gas, pharmaceutical and other highly regulated sectors where stringent safety requirements are critical. Its major geographic markets are the Middle East, Europe and Africa.

The cash consideration for Safetec is €72.5m (approximately £63m), on a cash- and debt-free basis, to be funded from Halma's existing facilities. Safetec's revenue for the 12 months to 31 December 2025 is forecast to be approximately €30m (approximately £26m). Safetec will be a standalone company within Halma's Safety Sector, led by its current management team.

Marc Ronchetti, Group Chief Executive of Halma, commented: "Safetec further enhances our capabilities in fire and gas safety systems for complex industrial environments. It brings deep engineering expertise and a strong reputation for delivering high-quality, tailored safety solutions for its customers. These capabilities further strengthen the Safety sector and extend our reach in supporting the protection of lives and critical assets. We are pleased to welcome Safetec to Halma and excited by the opportunities for its continued growth."

Marco Stumpo, CEO of Safetec, said: "We are delighted to join Halma, a group that shares our values and vision. By joining Halma, we retain our autonomy, while benefiting from Halma's global network and expertise to accelerate our international growth and enhance our integrated safety solutions offering".

For further information, please contact:

Halma plc

Marc Ronchetti, Group Chief Executive                                 +44 (0)1494 721111                             

Carole Cran, Group Chief Financial Officer

Melanie Horton, Co-Head of Investor Relations                 +44 (0) 7554 013 396

Charles King, Co-Head of Investor Relations                        +44 (0) 7776 685948

MHP

Oliver Hughes / Rachel Farrington / Ollie Hoare                  +44 (0)7801 894 577/ halma@mhpgroup.com

A copy of this announcement, together with other information about Halma, is available at www.halma.com.

About Halma

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:

·        Safety - Protecting the safety of people and assets as populations grow and the demand on infrastructure increases.

·        Environment - Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.

·        Health - Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.

It employs over 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific. Halma is listed on the London Stock Exchange (LON: HLMA) and is a constituent of the FTSE 100 index.

Halma has been named as one of Britain's Most Admired Companies for the past six years.

For more information www.halma.com

Further information on Safetec

Safetec provides integrated fire and gas safety systems for industrial markets. Founded in 2003 and based in Italy, the company designs customised solutions for complex, high-risk environments, combining its own technology with leading third-party devices. Safetec's expertise helps customers manage risk, comply with international safety standards, and protect people and assets in demanding industrial settings. For more information see www.safetec.it    

ENDS