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Safe Monitoring Group acquires Mems AG
19. Jun 2024
Safe Monitoring Group AB, (”Safe Monitoring Group”), an industry group of gas detector and gas analyzer manufacturers, closed the acquisition of Mems AG. (“Mems”). Safe Monitoring Group will together with Mems continue the expansion of their work to ensure a safe and efficient use of gases and support the industry in its transition to renewable energy.
Being a part of Safe Monitoring Group, Mems will together with the other companies in the group collaborate in areas such as; R&D, Marketing, Procurement, Sales and Service. This will take notice for current customers of Mems and other companies of Safe Monitoring Group, who will have a wider range of products and services to support their needs in current and new applications.
• "We are excited to be part of the Safe Monitoring Group and look forward to expanding both Mems and the Group by joining forces with other companies.”
• “We already got to know several pleasant, friendly and interested people from the SMG family”
Safe Monitoring Group will continue the expansion in new geographies and applications by organic growth and an ambitious acquisition agenda.” says Alexander Larsson, CEO of Safe Monitoring Group.
Safe Monitoring Group has acquired 100% of the shares in MEMS, the process was completed on the 11 th of June 2024. The Sellers of Mems have re-invested and are now also shareholders in the Safe Monitoring Group and will continue working in the group.
For more information please contact:
Alexander
Larsson, CEO of Safe Monitoring Group, +46 706 820 410, alexander.larsson@safemonitoringgroup.com
Daniel
Matter, Managing Director of MEMS, +41 79 309 01 10, daniel.matter@mems.ch
