Credit: CenTrak
CenTrak, which designs and manufactures sensors and proprietary communication technology, was acquired last week by Halma, a leading safety, health and environmental technology group.
CenTrak, based in Newtown, helps to provide the most reliable and precise location data for healthcare facilities to ensure compliance with regulations and to improve patient care. Through strategic partnerships with leading healthcare application providers, CenTrak’s technology enables real-time monitoring of a range of parameters including patient, staff and medical equipment location, patient security, hand hygiene compliance and environmental/temperature conditions. CenTrak will become part of Halma’s medical sector, which includes a range of healthcare device companies.
The CenTrak CEO and management team are expected to continue operation out of its current locations, as noted in a February 5 release.
“CenTrak is an exciting addition to our Medical sector. It has a range of sensor and communication technologies which are very similar to those used by other Halma companies in our Infrastructure Safety and Environmental & Analysis sectors, but with a clear focus on medical and healthcare applications. We are looking forward to working with CenTrak’s management team towards delivering their growth strategy which includes further market penetration in the USA, international expansion and, in the longer term, potential new applications in other Halma sectors,” said Halma CEO Andrew Williams.
In the past 10 years Halma has spent approximately £650 million acquiring more than 30 businesses with deal sizes ranging from £1 million up to £100 million.
