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HAKI Safety Acquires UK-based Semmco Group
HAKI Safety has signed and finalized the acquisition of Semmco Group, a privately owned manufacturer and supplier of aircraft and train maintenance access platforms and steps based in Woking, Surrey, UK. With the acquisition, HAKI Safety obtains an expanded product range within the growing market for work zone safety and also broadens the Group's exposure to more sectors and geographies. Semmco’s product range includes specially developed access platforms, steps and docking systems. The offering includes training and service contracts for maintenance controls and spare parts. The customer base primarily consists of international aviation and train companies. “We continue the Group’s growth journey with a focus on products and solutions that create safe working conditions in complex environments. The acquisition of Semmco aligns with our acquisition strategy to grow geographically and within sectors with complex needs. This acquisition allows HAKI Safety to expand into the aviation and rail sectors, which is very exciting. The company’s culture and way of working are similar to ours. Like us, Semmco works closely with its customers, from design to delivery and beyond. We see a healthy growth potential in the company, as well as opportunities for sales and production synergies in the future,” said Sverker Lindberg, president and CEO of HAKI Safety. “I started Semmco over 31 years ago with the ambition of building a reputable and successful business. We have now reached a point where new investment is needed to take the business to the next level. We took our time to find the right partner with the same focus on manufacturing excellence and business integrity. I believe that HAKI Safety is the right business to take Semmco forward to continued success,” said Stuart McOnie, Semmco’s founder. The global aviation industry is growing strongly, not least in the Middle East and Asia. Correspondingly, the use of trains as a means of transport is expected to grow with the ongoing green transition. This development is expected to increase demand for access platforms and steps in the coming decade. HAKI Safety is an international industrial group, focusing on safety products and solutions that create safe working conditions at temporary workplaces.
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