SELATEK has significantly strengthened its expertise in security solutions by acquiring Newsafe, a prominent full-service provider of security systems. The acquisition is expected to strengthen SELATEK’s position in security solutions. SELATEK has also strengthened its position in automation by acquiring Deltatec, a renowned engineering company specialising in tailor-made solutions within process and automation technology. The current owners of Newsafe and Deltatec will continue in their operational roles and remain shareholders in SELATEK.
SELATEK was advised by KANTER in the transactions.