KARAM Safety completes acquisition of Midas Safety India to strengthen its leadership position in the PPE industry
Acquiring Company
Karam Safety
Acquired Company
Midas Safety India
NoidaTamil NaduManufacturingSecurityManufacturingSecurityPublic SafetyDescription
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.
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Frequently asked
Who acquired Midas Safety India?
Midas Safety India was acquired by Karam Safety, based in Noida. The deal was reported on May 3, 2024. Karam Safety is a leader in height safety solutions. They provide a range of products to ensure safety at elevated work sites. Their focus is on providing quality and reliable safety equipment. Karam Safety is privately held and operates in Manufacturing.
When did Karam Safety acquire Midas Safety India?
Karam Safety's acquisition of Midas Safety India was reported on May 3, 2024. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Midas Safety India do?
Founded in 1979, Midas Safety is a leading private label supplier of hand-protection to more than 50 countries in the world. It is privately held, operating in Manufacturing, and is based in Tamil Nadu.
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