Buckinghamshire-headquartered Halma continues long-term investment in China and Asia Pacific region
Buckinghamshire-headquartered healthcare and environmental technology group Halma has opened a new 11,000 square metre facility in Shanghai in a bid to continue its long term commitment to China and the Asia Pacific (APAC) region.
Halma said 15 of its companies across the safety, environmental and analysis and healthcare sectors had re-relocated to the three-building facility in the Minhang district.
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The facilities house production, operations and research and development (R&D) functions for the companies.
Group CEO Marc Ronchetti said: "Halma’s purpose is to grow a safer, cleaner, healthier future for everyone, every day.
"To achieve this, Halma’s companies are innovating to address some of big challenges of our time, such as increasing demands on healthcare, protecting life-critical resources, the global efforts to tackle climate change, and keeping people safe as our towns and cities grow.
"With around 20% of the world’s population in China, it remains a key market, enabling us to deliver against our purpose."
Aldous Wong, president of Halma Asia Pacific, said the move would "enable new opportunities for collaboration, partnerships and innovation, leading to new products and services for China and the broader APAC region".
The 15 Halma companies are Alicat, Arcmed, Crowcon, Firetrace, Fortress, HWM, Keeler, Labsphere, Longer Pump, Medicel, MST, Nuvonic, Ocean Insight, Perma Pure and Volk.
Halma first entered the China market in 2006 and today employs more than 800 people in the country, working in 40 operating companies.
In its full year 2023, 6% of Halma’s revenue was from China, with 15% of group revenue from the wider APAC region.