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KARAM Safety completes acquisition of Midas Safety India to strengthen its leadership position in the PPE industry

May 03, 2024over 1 year ago

Acquiring Company

KARAM

Acquired Company

Midas Safety India

NoidaTamil NaduPublic SafetySecurityManufacturingPublic SafetySecurityManufacturing

Description

KARAM Safety, a global leader in PPE and fall protection solutions, has successfully acquired Midas Safety India, a prominent player in the hand protection safety products industry. This strategic acquisition enhances KARAM Group's product offerings and market presence, combining expertise in fall protection and PPE with extensive hand protection safety products. It marks a significant milestone in KARAM Group's journey towards expanding its presence and strengthening its leadership position in the safety industry.

Company Information

Company

KARAM

Location

Noida, Uttar Pradesh, India

About

KARAM Safety is a leading global player in the personal protective equipment (PPE) industry and fall protection solutions provider. With a 25-year-old legacy and a turnover of Rs 1000 crore, KARAM Safety is committed to excellence, innovation, and global safety leadership.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed