Mon, 15 Jul 2024 | BUSINESS SALE
Fortress Safety, a Wolverhampton-based specialist in machinery safety and interlocking, has completed the strategic acquisition of a company that supplies electrical safety warning indicators.
The acquisition of Remlive is aimed at enhancing Fortress’ product portfolio, with the company set to integrate Remlive’s advanced live circuit detection technology. The deal will expand Fortress’ offerings in the safety market, whilst also leveraging Remlive’s expertise in electrical safety.
The combination of the skill sets of the two companies is also forecast to open new possibilities for the development of innovative technologies.
Remlive’s electrical safety warning indicators have been used for 25 years, helping to reduce workplace accidents and improve overall safety by providing visual indicators that circuits are live. The company’s products are used by some of the largest companies in the world, across a wide range of industries including automotive, automation, manufacturing and mining, among others.
Fortress Safety Managing Director Pete Browitt said that Remlive and its portfolio of indicator products “have a strong market reputation.”
He continued: "This acquisition allows us to further live our purpose of 'saving lives by providing the best safety solutions'.”
"By adding Remlive to our portfolio, we strengthen our position as machinery safety experts and enhance our ability to help our customers provide comprehensive solutions that ensure people's safety."
Remlive Managing Director John Rollason commented: “Fortress has the expertise and market reach to accelerate our mission to improve safety in the workplace. We see huge potential to enhance global workplace safety and bring innovative new product ideas to market by combining our electrical safety capabilities with Fortress machinery safety expertise.”
Fortress Safety is a Kings Award for International Trade winner, having been recognised earlier this year for its growth in overseas sales over the past three years.
Following a quarterly decline in activity, UK M&A is forecast to rebound over the coming months
The company has been a pioneering provider of retail EPOS software for over 25 years, with its proprietary software spanning both the retail and hospitality sectors, and a recent acquisition of cutting-edge hospitality solutions, this opportunity inc...
This well-established software development business, operating since 1999, is renowned for delivering custom solutions, including bespoke CRM systems and mobile apps, to a diverse clientele across sectors such as healthcare, retail, and public servic...
This energy and ESG proptech provider offers an exciting opportunity to partner with a company poised for significant growth in the UK and EMEA region by transitioning to a SaaS model.
29
|
Aug
|
Weir Group completes acquisition of Townley Engineering | BUSINESS SALE
Global engineering solutions provider, Weir Group, has offic...
29
|
Aug
|
Carlyle acquires UK wealth-tech provider intelliflo in $200m deal | BUSINESS SALE
Global investment firm Carlyle Group has agreed to acquire L...
29
|
Aug
|
Gloucester electricals distributor enters administration | ADMINISTRATION
South West-based distributor John Gillman & Sons (Electrical...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.