Halma plc
Encyclopedia
Halma plc is a group of technology
Technology
Technology is the making, usage, and knowledge of tools, machines, techniques, crafts, systems or methods of organization in order to solve a problem or perform a specific function. It can also refer to the collection of such tools, machinery, and procedures. The word technology comes ;...

 companies that makes products
Product (business)
In general, the product is defined as a "thing produced by labor or effort" or the "result of an act or a process", and stems from the verb produce, from the Latin prōdūce ' lead or bring forth'. Since 1575, the word "product" has referred to anything produced...

 for hazard
Hazard
A hazard is a situation that poses a level of threat to life, health, property, or environment. Most hazards are dormant or potential, with only a theoretical risk of harm; however, once a hazard becomes "active", it can create an emergency situation. A hazard does not exist when it is not...

 detection and life protection. It is listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

 and is a constituent of the FTSE 250 Index
FTSE 250 Index
The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...

.

History

The Company was established in 1894 in Ceylon as The Nahalma Tea Estate Company Limited. It switched to rubber production in 1937 and became The Nahalma Rubber Estate Company Limited. During the early 1950s the Company's rubber estates were nationalised by the Sri-Lankan government, and in 1956 the Company became Halma Investments Limited, thereby severing its connections with both tea and rubber and becoming an investment and industrial holding company.

In the early 1970s the company began a sequence of acquisitions in the mechanical, electrical and electronic engineering sectors. The Company was renamed Halma Limited in 1973.

Recent acquisitions have included Fibreguide, an optical fibres business, bought in 2008.

Operations

The Company is organised as follows:
  • Infrastructure sensors
  • Health & analysis
  • Industrial safety
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