MSA Safety to Expand Gas Detection Business with Acquisition of Bacharach Inc.
The transaction is expected to close in early July
PITTSBURGH — MSA Safety Incorporated announced that it has entered into a definitive agreement to acquire Bacharach Inc. and its affiliated companies (Bacharach) from FFL Partners in a transaction valued at $337 million.
"The acquisition of Bacharach accelerates our long-term growth strategy to expand our addressable market in applications that align with MSA's mission and core technologies," said Nish Vartanian, MSA chairman, president and CEO. "With a leading detection portfolio and strong brand, Bacharach provides access to attractive end markets while aligning exceptionally well with MSA's product and manufacturing expertise."