MSA Safety Acquires Autronica Fire and Security for $555M

MSA Safety Incorporated (NYSE: MSA), a global leader in industrial safety technology, has agreed to acquire Autronica Fire and Security for approximately $555 million. The transaction, announced on May 5, 2026, is expected to close in the third quarter of 2026, subject to customary regulatory approvals and closing conditions.

Autronica, headquartered in Trondheim, Norway, is a designer, manufacturer, and supplier of fire detection, gas detection, and alarm systems. Founded in 1957, the company serves critical infrastructure, energy, and maritime sectors with a workforce of around 500 employees worldwide. In 2025, Autronica generated approximately $160 million in revenue with an adjusted EBITDA margin near 20%.

MSA Safety, based in Cranberry Township, Pennsylvania, reported revenues of $1.9 billion in 2025 and employs roughly 5,300 associates globally. The acquisition aligns with MSA’s Accelerate strategy to expand its detection platform and deliver integrated safety solutions across high-hazard and regulated environments.

Steve Blanco, President and CEO of MSA Safety, stated, “This acquisition accelerates our fixed detection growth strategy by adding a highly complementary, scaled fire and gas systems business. Autronica enhances our ability to participate earlier in project design and deliver more integrated safety solutions across critical infrastructure, energy, and marine applications.” He added that the deal expands MSA’s addressable market into a growing $3 billion segment driven by regulatory requirements and technical complexity.

Autronica CEO Sindre Utne commented, “Joining MSA Safety marks an exciting next step for Autronica. Leveraging MSA’s global market reach and detection expertise presents significant opportunities to expand our solution offerings and deepen customer engagement earlier in project lifecycles.”

The acquisition will be funded through a combination of cash on hand and borrowings under MSA’s existing credit facility. It is expected to be accretive to MSA’s adjusted earnings per share in the first full year of ownership, supported by revenue synergies from cross-selling and cost efficiencies through operational integration.

Financial advisors for the transaction include BofA Securities as exclusive financial advisor to MSA Safety and Sidley Austin LLP as legal counsel.

Industry analysts note that the deal strengthens MSA’s position as a total solution provider in fire and gas detection, particularly in critical infrastructure and high-hazard sectors. The combined portfolio enables earlier involvement in project design phases and offers customers integrated safety systems, which are increasingly demanded due to regulatory pressures and long asset renewal cycles.

Looking ahead, MSA plans to integrate Autronica’s technology platforms and leverage its complementary geographic footprint to expand global reach. The companies will focus on maintaining high service levels during the transition and aligning product development roadmaps to maximize value creation.

Overall, the acquisition positions MSA to accelerate growth, improve margins, and enhance its competitive stance in the industrial safety market.