Halma Regulatory News (HLMA)

18 Apr 2006 07:01

Halma PLC18 April 2006 HALMA EXPANDS ITS PHOTONICS BUSINESS Halma, the leading safety, health and sensor technology group, announces that on13 April 2006 it completed the purchase of the whole of the issued share capitalof Mikropack GmbH Aufbautechnik in der Sensorik ('Mikropack') from GeraldNitsch, Dieter Steck and Photonics Investments B.V. Mikropack, based in Stuttgart, Germany is a leading manufacturer of innovative,high quality light sources and photonic accessories which are essentialcomponents for analytical spectroscopic systems. This acquisition will enhanceHalma's world-leading photonic businesses and will play an important role in ourfuture optical sensor developments. The consideration is €2,250,000 payable in cash on completion plus an additionalconsideration of up to • 2,250,000 based on earnings from 1 January 2005 to 1April 2006 and 2 April 2006 to 31 March 2007. Andrew Williams, Halma's Chief Executive, commented "Through our Ocean Opticsphotonics business, we have used Mikropack's light source technology in a widerange of spectroscopy measurement applications and end-markets for many years. The acquisition not only secures this important technology but strengthens ourposition in Europe and provides a better platform for further geographicalexpansion of all of the Group's photonics products. Mikropack will join theOcean Optics group of businesses to enable these goals to be achieved." For further information, please contact: Halma p.l.c. +44 (0)1494 721111Andrew Williams, Chief ExecutiveKevin Thompson, Finance Director Hogarth Partnership Limited +44 (0)20 7357 9477Rachel Hirst/Andrew Jaques A copy of this announcement, together with other information about Halma, may beviewed on its website: www.halma.com This information is provided by RNS The company news service from the London Stock Exchange