MSA Safety Incorporated entered into a definitive agreement to acquire Autronica Fire and Security AS from Spectrum Safety Solutions Purchaser, LLC for approximately $560 million.
Published on 05/05/2026
at 12:26 pm EDT - Modified on 05/04/2026
MSA Safety Incorporated (NYSE:MSA) entered into a definitive agreement to acquire Autronica Fire and Security AS from Spectrum Safety Solutions Purchaser, LLC for approximately $560 million on May 5, 2026. The transaction will be funded through a combination of cash on hand and borrowings under MSA existing credit facility. Any payment made by the Seller to the Purchaser, or vice versa, in respect of a claim for compensation, indemnity or reimbursement pursuant to this Agreement shall be, to the extent permitted by applicable law, treated as an adjustment to the Consideration payable by the Purchaser for the Shares.
In 2025, Autronica Fire and Security AS recorded approximately $160 million in sales with an adjusted EBITDA margin of approximately 20%.
The transaction is subject to customary closing conditions and regulatory approvals. The transaction is expected to close in the third quarter of 2026. The acquisition is expected to be accretive to growth and margins, with synergies. Autronica is a capital-efficient business that generates significant free cash flow and is expected to be accretive to adjusted EPS in the first full year of ownership.
BofA Securities, Inc. acted as financial advisor for MSA Safety Incorporated. David A. Grubman,Thomas M. Thesing, David Horan, Jason Menzies, Eric M. Grosshandler, Steven R. Rutkovsky, Sven De Knop, Ken Daly, Alex J. Kaplan and John J. Kuster of Sidley Austin LLP acted as legal advisor for MSA Safety Incorporated. Dipak Bhundia and Victoria Legg of Kirkland & Ellis International LLP act as legal advisor and Ramboll Americas Engineering Solutions, Inc., Lockton Companies LLP and Ernst & Young AB act as due diligence advisor for Spectrum Safety Solutions Purchaser, LLC. J.P. Morgan acted as financial advisor to Autronica.
MSA Safety Incorporated provides advanced safety products, technologies and solutions. The Company's product line is used to protect workers and facility infrastructures. Its product categories are fire service, detection and industrial personal protective equipment (PPE). Its products for fire service include self-contained breathing apparatus (SCBA), protective apparel and helmets; products for detection include fixed gas and flame detection systems and portable gas detection instruments; and products for industrial PPE include industrial head protection and fall protection devices. Its segments include Americas, International and Corporate. The Company serves its markets across the Americas with manufacturing facilities in the United States, Mexico and Brazil. The International segment includes companies in Europe, the Middle East and Africa, and the Asia Pacific region. It offers a complete line of industrial head protection and accessories that includes the V-Gard helmet brand.
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MSA Safety Incorporated entered into a definitive agreement to acquire Autronica Fire and Security AS from Spectrum Safety Solutions Purchaser, LLC for approximately $560 million.
