0001140361-26-019007
SEC filingMSA Safety entered a definitive agreement to acquire Autronica for $555 million, expanding its fire and gas detection capabilities in critical infrastructure markets.
MSA Safety Incorporated announced the acquisition of Autronica, a designer and supplier of fire and gas detection systems, for approximately $555 million in cash. The transaction, structured as a share purchase by MSA's indirect subsidiary Aegir Safety Holdings AS, is expected to close in the third quarter of 2026, subject to regulatory approvals including Danish FDI and Norwegian National Security Act clearance. Autronica, with 2025 revenue of about $160 million and an adjusted EBITDA margin of approximately 20%, is highly complementary to MSA's existing detection portfolio. The acquisition expands MSA's total addressable market into a growing $3 billion+ fire and gas detection market and is expected to be accretive to adjusted EPS in the first full year. MSA plans to fund the acquisition through cash on hand and borrowings under its existing credit facility. The strategic rationale includes enhancing MSA's ability to participate earlier in project design and deliver integrated safety solutions across critical infrastructure, energy, and maritime sectors, aligning with MSA's Accelerate strategy.