Halma plc acquisition of Oerlikon Golden Colorado business assets

 

Client and Buyer:

Halma is a UK based global group of life-saving technology companies.  Halma is a member of the FTSE-100 with shares traded on the London Stock Exchange (HLMA.L).  Halma is organized into three sectors: Safety, Medical and Environmental & Analysis.    

 

Seller:  Oerlikon Group

Oerlikon Optics, a business within the Oerlikon Group of Companies based in Pfäffikon, Switzerland, underwent a strategic realignment. In connection with this realignment, Oerlikon Corporation decided to divest its design, manufacturing and assembly operation based in Golden, Colorado.

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Transaction Details:

Halma acquired substantially all the assets of Oerlikon Optic’s Golden Colorado facility.  Assets, operations and employees were integrated into Halma’s existing photonics businesses including Ocean Optics and Labsphere.  Terms were not disclosed.

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Broker/Dealer:  OEM Capital

Completion:  November 2008