logo
logo

Consilium Safety Group takes over Ares Marine

Jul 01, 202515 days ago

Acquiring Company

Consilium Safety Group

Acquired Company

Ares Marine

GothenburgPendikSecurityTransportation

Description

Consilium Safety Group has announced its acquisition of Ares Marine, marking its expansion into the Turkish market. This takeover aims to enhance the safety solutions offered in the marine sector. The move is part of their strategy to grow their international presence. Both companies will work together to improve safety standards in maritime operations.

Company Information

Company

Consilium Safety Group

Location

Gothenburg, Västra Götalands län, Sweden

About

Consilium Safety Group is a world-leading solution provider of fire, flame and gas safety technologies for the marine, energy, transport and building sectors. By combining safety expertise with intelligent detection, the company contributes to protecting lives, values and the planet through technology. What started in 1912 is today an international company driven by innovation. Consilium Safety Group is based in Gothenburg, Sweden, has more than 55 offices, covering all time zones, and strives to be a great place to grow for all its 1000 employees.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Related People

Philip hidden

hidden
hidden

Johan hidden