Consilium Safety Group has recently acquired the remaining 35 percent of the shares in Consilium Safety Spain from the founding family, and thus owns 100 percent of the company.
The family members and former owners will continue as management team for the Spanish company to ensure the continuity and further development of the business, as part of its growth journey as a wholly owned subsidiary of Consilium Safety Group.
“It has been very important for us to get the family on board for the growth journey we have ahead of us in Spain and we are happy to present this solution where they will continue as management for Consilium Safety Spain. We need to be close to the customer in order to develop the local business in the best possible way,” says Marcus Andersson, CCO at Consilium Safety Group.
The ambition is to double the turnover for Consilium Safety Spain in the next few years. This requires a higher rate of investment which the acquisition will enable. The company has so far been mainly active on the marine side, but a business plan has now been built to explore adjacent areas to the marine segment.
“We see great opportunities to grow on the land side together with our subsidiary UniPOS, which is a highly reliable fire detection system designed for the land market, as well as within the navy and train business areas,” says Marcus Andersson.
Consilium Safety Spain is located in Bilbao and has four employees.
No financial details of the transaction will be disclosed.
For further information, please contact:
Malin Cardemar, CMCO, Consilium Safety Group
Mail: malin.cardemar@consiliumsafety.com
Telephone: +46 735 95 32 51
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