MSA Safety, a developer, manufacturer and supplier of safety products, has completed the acquisition of M&C TechGroup, a manufacturer of gas analysis solutions and technologies.
The deal, valued at approximately $200m (€177.2m), marks a significant expansion of MSA Safety’s capabilities in the gas detection and analysis market.
M&C TechGroup, headquartered in Ratingen, Germany, offers a wide array of gas analysis systems that detect, measure and monitor gases across various critical environments.
Its product line extends to gas sampling and conditioning systems, as well as advanced process control (APC) technologies.
MSA Safety president and CEO Steve Blanco said: “We are excited to welcome M&C to the MSA Safety family. By bringing aboard M&C, we expand our addressable market in detection, with complementary technologies across diverse markets.
“The acquisition of M&C aligns well with our Accelerate strategy, which includes a focus on growing our detection business and enhancing our portfolio through strategic acquisitions.”
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By GlobalDataThe acquisition brings together MSA Safety’s extensive safety product portfolio with M&C TechGroup’s advanced gas analysis solutions.
Blanco added: “With M&C’s leadership position and expertise in gas measurement, gas analysis and process control, we expect to accelerate its growth by leveraging our global footprint, customer relationships and distribution network.”
“Overall, the acquisition positions us to be a leading provider of high-quality gas analysis solutions that create value for customers by enhancing infrastructure and workplace safety, optimising processes and reducing costs.”
M&C TechGroup’s products are employed across diverse industries, from energy, chemicals and utilities to manufacturing and food and beverage.
The company, established in 1985, has a global workforce of around 220 associates.
M&C managing director and principal owner Olaf Sommer said: “Our two companies share similar values and cultures, and that was an important factor in our decision to join forces with MSA Safety. MSA’s leadership position in detection technology, its commitment to innovation and its core values centred around integrity make this transaction an excellent fit for our customers, our people and our business.
“By leveraging MSA’s global market reach, its distribution resources and its detection expertise, we have a great opportunity to expand our business well beyond the installed base and markets we serve today.”
