Halma PLC (LSE:HLMA) has acquired two healthcare businesses worth a combined £54 million, pushing further into medical technology across Europe.
The FTSE 100 safety equipment group purchased Dutch hospital software firm Itemedical for €23 million, equivalent to approximately £20 million, funding both deals from existing facilities.
Itemedical develops digital platforms that integrate patient data and alarms from different medical devices, helping hospitals manage workflows and support clinical decisions.
The Dutch business generated unaudited revenue of €7.8 million in the 12 months to 31 March, providing Halma with an established and growing customer base in European hospital systems.
The second acquisition sees Halma buy Sweden’s Naslund Medical for $45 million, approximately £34 million, adding a specialist in fiducial marker technology used in targeted cancer treatment.
Naslund Medical’s Gold Anchor product helps clinicians pinpoint tumours during radiation therapy, giving Halma a foothold in the precision oncology equipment market.
The Swedish firm generated unaudited revenue of $9.2 million in the year to 31 March, reflecting solid demand for its cancer treatment positioning technology.
Group chief executive Marc Ronchetti said: “These acquisitions strengthen our existing companies by adding complementary capabilities in markets they know well, supporting their long-term growth while enabling improved patient outcomes.”
The twin deal follows a record-breaking year for Halma, which invested £447 million across five acquisitions in its last financial year ending March 2026.
The company has now completed two further acquisitions worth approximately £75 million since the start of its current financial year, signalling no slowdown in its aggressive expansion strategy.
Halma has built a reputation as one of the UK’s most consistent acquirers, targeting niche businesses in safety, health, and environmental technology across global markets.
The latest deals reinforce the group’s focus on healthcare technology, combining software-driven hospital management tools with specialist hardware used directly in patient treatment.