Halma International Limited (“Halma”) has entered into an agreement today to divest Hydreka S.A.S. (“Hydreka”) to Claire Corporate SAS (“Groupe Claire”).

Halma (LON: HLMA) is listed on the London Stock Exchange and is a constituent of the FTSE 100 operating in the fields of Safety, Environment and Health. Halma employs over 7,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.

Hydreka provides equipment and software solutions for water monitoring, enabling the protection of the environment and the optimisation of water through expert metrology solutions and services underpinned by digital technologies and self-powered IoT solutions.

Groupe Claire is a designer and manufacturer of specialised equipment for the construction, maintenance and refurbishment of water distribution and irrigation networks, as well as interconnected solutions to improve network performance.

EC M&A acted as exclusive financial advisor to Halma on this transaction representing a new reference project further enhancing EC M&A’s leading position in the Water / Wastewater space. This transaction also represents the 10th transaction with Halma, including 4 disposals and 6 acquisitions.