BLOOMINGTON, Minn. (April 30, 2014) — Capital Safety, home of the DBI-SALA and PROTECTA brands, has acquired Altiseg Equipamentos de Seguranca de Trabalho Ltda. – EPP (Altiseg), a fall protection company in Brazil. Capital Safety is a global designer and manufacturer of fall protection and height safety equipment and plays a significant role in the fall protection industry in South America.
“This acquisition expands our footprint in the region and allows us to better serve our customers," said Stephen Oswald, Capital Safety CEO. "Altiseg complements our existing capabilities and strengthens our position in a fast-growing, emerging geography. Altiseg has a strong reputation and widespread brand recognition in this fall protection market, and it will be a great addition to Capital Safety.”
Patricia dos Santos, commercial director at Altiseg, agrees that the acquisition will be beneficial to both companies. "Our local knowledge and capabilities coupled with Capital Safety’s expanded portfolio of products shall open up new opportunities for our growth in the Brazilian market," she says. "We are delighted to join hands with a world leader to unlock our full potential.”
No further details were disclosed.
