“Safety and explosion prevention technology are attractive growth markets which ideally complement HOERBIGER’s core business and thus hold attractive development potential,” said Dr Martin Komischke, HOERBIGER Group CEO and Chairman of the Executive Board. “With Newson Gale’s reputation and know-how, we will strengthen our leading role as developer and global provider of performance-defining safety related components and services.”
Newson Gale CEO Graham Tyers added: “We have searched for a partner who will be committed to further develop the success of Newson Gale. HOERBIGER is a buyer active in the industrial safety business with global market access and providing a stable financial background. HOERBIGER’s vision of building a large Safety Division precisely matched our shareholders’ expectations for the future of Newson Gale.”