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
This is a rare opportunity to acquire the trade and assets of a company providing technology software services throughout the uk and globally.
Presenting a Software Developer, specifically trading in the construction sector based in Anglesey in Wales.
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