Hydrogen detection deal adds new technology to Consilium portfolio
Iain Hoey
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Consilium expands hydrogen detection portfolio
Consilium Safety Group has acquired all assets and intellectual property related to Insplorion AB’s hydrogen sensor technology business following approval at an extraordinary general meeting held on April 13.
Consilium announced the acquisition as part of its gas safety work for marine, critical infrastructure and energy-related applications.
The transaction includes Insplorion’s hydrogen sensor NPS-P2 and an ongoing certification process linked to the product.
The company said the acquisition adds hydrogen detection technology and related expertise to its existing safety portfolio.
Consilium deal includes NPS-P2 and certification process
The acquisition includes the NPS-P2 hydrogen sensor, which is described as having documented performance in demanding environments.
It also includes an ongoing certification process intended to open access to the marine sector and regulated industrial environments globally.
Consilium said it is positioned to take over that process and move the product towards full-scale commercialisation through its distribution network and brand presence in the safety sector.
Philip Isell Lind af Hageby, President and CEO, Consilium Safety Group, said: “For us, this is a strategic investment in the safety of tomorrow.
“With a sophisticated sensor technology and a capable team, that we are delighted to partner up with, we are now stepping straight to the forefront of hydrogen detection and strengthening our position as an industry pioneer,”
The acquisition was conditional on approval from an extraordinary general meeting of Insplorion AB, which was obtained on April 13.
