Antin Infrastructure Partners is acquiring a safety management infrastructure company from Nordic Capital.
Antin said a company owned by its fifth global infrastructure fund has agreed to acquire Consilium Safety for an unspecified amount.
Established in 1912 and situated in Gothenburg, Sweden, Consilium Safety owns a portfolio of 75,000 fire, flame and gas detection systems in the marine, transport, energy and building sectors in 55 countries.
The transaction is the third investment announced by Antin Infrastructure Partners V, a fund targeting a 鈧�10bn fundraise and a 鈧�12bn hard cap.
Antin has experience in the sectors in which Consilium Safety operates, including marine, rail and energy. For example, the company has invested in wellboat operator S酶lvtrans, rolling-stock leasing company Porterbrook, wagon leasing firm European Rail Rent, and Kellas Midstream.
Simon S枚der, senior partner at Antin, said: 鈥淲e are very impressed by the team at Consilium Safety and their commitment to safety, continuous innovation and customer service. The company has built an extensive international footprint which enables it to support its customers who rely on Consilium Safety鈥檚 mission-critical infrastructure for their operations.鈥�
Angelika Sch枚chlin, managing partner at Antin, added that Consilium Safety鈥檚 track record spanned more than 100 years and 鈥渢heir dedication to customers in sectors we know very well make it an ideal addition to our portfolio.鈥�
Joakim Andreasson, managing director at Nordic Capital Advisors, said: 鈥淭he plans set out at the time of the acquisition have been successfully executed much earlier than expected. We want to thank the whole team at Consilium Safety Group for their contribution during these years.
鈥淐onsilium Safety Group is now well placed to continue its growth trajectory and outperform the market. This marks the culmination of a very successful partnership and the start of an exciting next phase for Consilium Safety Group.鈥�
Consilium Safety鈥檚 president and CEO Philip Isell Lind af Hageby said: 鈥淲e will continue delivering mission-critical safety and operational resilience to our customers and, with Antin鈥檚 support, we look forward to investing further in the expansion of our offering, capabilities and presence.鈥�
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