MSA Safety acquires M&C TechGroup, a leading Manufacturer of Gas Analysis Solutions and Technologies

PITTSBURGH, May 7, 2025 – Global safety equipment and solutions provider MSA Safety Incorporated (NYSE: MSA) today announced it has acquired M&C TechGroup in a transaction valued at approximately $200 million. Livingstone has advised the shareholder of M&C TechGroup on the sale of his 100% shareholding to MSA Safety Incorporated as exclusive M&A advisor.

Based in Ratingen, Germany, M&C TechGroup provides a comprehensive range of gas analysis systems that detect, measure and monitor gases in critical environments. The company’s product portfolio includes systems and solutions for gas sampling, gas conditioning, as well as advanced process control.  M&C products and systems are used in a wide range of industries and applications, including energy, chemicals, utilities, manufacturing, food and beverage, and other industrial applications. Founded in 1985, M&C TechGroup employs approximately 220 associates globally.

“We are excited to welcome M&C to the MSA Safety family,” said Steve Blanco, MSA Safety President and CEO. “By bringing aboard M&C, we expand our addressable market in detection, with complementary technologies across diverse markets. The acquisition of M&C aligns well with our Accelerate strategy, which includes a focus on growing our detection business and enhancing our portfolio through strategic acquisitions,” he said.

“With M&C’s leadership position and expertise in gas measurement, gas analysis and process control, we expect to accelerate its growth by leveraging our global footprint, customer relationships and distribution network,” Mr. Blanco continued. “Overall, the acquisition positions us to be a leading provider of high-quality gas analysis solutions that create value for customers by enhancing infrastructure and workplace safety, optimizing processes and reducing costs.”

Commenting on the transaction, M&C Managing Director and principal owner Olaf Sommer said, “Our two companies share similar values and cultures, and that was an important factor in our decision to join forces with MSA Safety. MSA’s leadership position in detection technology, its commitment to innovation and its core values centered around integrity make this transaction an excellent fit for our customers, our people and our business,” he said. “By leveraging MSA’s global market reach, its distribution resources and and its detection expertise, we have a great opportunity to expand our business well beyond the installed base and markets we serve today.”

Olaf Sommer, M&C Managing Director states:“I would like to express my special thanks to our transaction advisor Livingstone Partners, particularly Jochen Hense, Christoph Jennes and Niklas Naeve from Livingstone’s Dusseldorf office. Their trustworthy collaboration and diligent advice during a complex and challenging global sale process enabled us to finally team up with the ideal partner for M&C TechGroup.”

About MSA Safety

MSA Safety Incorporated (NYSE: MSA) is the global leader in advanced safety products, technologies and solutions. Driven by its singular mission of safety, the company has been at the forefront of safety innovation since 1914, protecting workers and facility infrastructure around the world across a broad range of diverse end markets while creating sustainable value for shareholders. With 2024 revenues of $1.8 billion, MSA Safety is headquartered in Cranberry Township, Pennsylvania and employs a team of over 5,000 associates across its more than 40 international locations. For more information, please visit www.MSASafety.com.

About M&C TechGroup

Founded in 1985, M&C TechGroup is based in Ratingen, Germany and has approximately 220 employees. The company is a global full-scale provider of gas analysis solutions to detect, measure and monitor various parameters in a range of critical industrial processes across a broad range of industrial markets. As a supplier of premium gas analysis products, M&C’s goal is to support its customers in process control. The added value the company creates for customers includes process optimization, cost reduction and safety. Its vision is to meet every customer challenge in a cost-oriented way, with high competence and reliable long-term performance quality. For more information, please visit www.mc-techgroup.com/en.