Nordic Capital has completed the acquisition of Consilium Marine & Safety Group, a world-leading producer of safety technologies for the marine, oil and gas, transport and building sectors. Under its new brand, Consilium Safety Group, the company plans for a growth journey driven forward by intensified innovation to create even more customer value.
Taking safety to a new level
Consilium Safety Group combines international safety expertise with intelligent detection technology. The result is systems that protect people, material values and the environment.
“Our ambition is to create safety products and solutions that lift safety to a totally different level compared to just a few years ago,” says Nicklas Bergström, CEO at Consilium Safety Group. “We aim at saving more lives and reducing the amount of lost material. With a long list of potential innovations, all driven by needs and in-depth discussions with customers, I think that the future looks bright.”
With pioneering work in fire and gas detection development, and large investments already taken in creating a common platform for all technology, Consilium Safety Group is ready to gear up innovation even more. New detection technologies combined with machine learning and the internet of things (IoT) open up for new possibilities.
Early detection of potential danger is crucial to avoid accidents that lead to devastating losses. The vision of Consilium Safety Group is to provide total safety in every situation – even at large scale and complex technical environments.
“We want everyone on ships, platforms, trains and in buildings to be and feel safe,” says Nicklas Bergström, CEO at Consilium Safety Group. “It is both about the actual level of safety and the perceived level of safety. You need to take the right actions as early as possible and avoid emergencies.”
More power to grow
Nordic Capital has a long history of growing sustainable businesses and the goal for Consilium Safety Group is to strengthen the company’s position and service offering and to support further growth in the coming years.
“Nordic Capital sees strong potential in Consilium Safety Group,” says Andreas Näsvik, Partner, Nordic Capital Advisors. “Consilium Safety Group’s expertise, solutions and international presence is a great base for further growth and their strong service offering provides stability also in unpredictable times.”
Consilium Safety Group has an annual revenue of SEK 1.6 bn and 650 employees.
About Consilium Safety Group
Consilium Safety Group is a world-leading producer of safety technologies for the marine, oil and gas, transport and building sectors. By combining safety expertise with intelligent detection, the company contributes to saving lives, material assets and the environment.
What started in 1912 with speed logs is today an international company driven by innovation. Consilium Safety Group has 55 offices, covering all time zones, and strives to be a great place to work for all of its 650 employees.
About Nordic Capital
Nordic Capital is a leading private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Core sectors are Healthcare, Technology & Payments, Financial Services and in addition Industrial & Business Services. Key regions are Northern Europe and globally for Healthcare. Since inception in 1989, Nordic Capital has invested more than EUR 14.5 billion in over 110 investments. The Nordic Capital vehicles are based in Jersey. They are advised by several non-discretionary sub-advisory entities based in Sweden, Denmark, Finland, Norway, Germany, the UK and the US, any or all of which are referred to as Nordic Capital Advisors. For further information about Nordic Capital, please visit nordiccapital.com
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