19 Dec 2023

HMS Networks acquires Red Lion Controls (Red Lion) and significantly expands its presence in North America. HMS Networks (HMS) has entered into a binding agreement to acquire Red Lion Controls, a distinguished provider of industrial automation and networking solutions.

This strategic move underscores HMS’s commitment to expanding its global presence and enhancing its position as an industry leader in the rapidly evolving field of industrial automation.

HMS Networks acquires Red Lion Controls

The acquisition of Red Lion Controls represents a key milestone in HMS’s growth strategy

The acquisition of Red Lion Controls represents a key milestone in HMS’s growth strategy, bringing together two innovators in the industrial automation sector.

This collaboration will leverage the complementary strengths of both companies, providing customers with a comprehensive suite of cutting-edge solutions designed to meet the evolving demands of the Industrial Internet of Things (IIoT) landscape.

HMS Networks and Red Lion Controls offer a great match

Staffan Dahlström, the Chief Executive Officer (CEO) of HMS Networks, said “We are very happy to welcome Red Lion into the HMS Networks family, the companies are a great match both when it comes to products, geographic presence, and cultural aspects.

He adds, “The combination of Red Lion’s product portfolio, which is complementary to HMS’ offering and has limited overlap, and the geographic match with Red Lion having a strong position in the attractive North American market, and HMS with its core markets in Europe, will generate good cross-selling opportunities.

Combined capabilities ensure expanded range of solutions

The combined capabilities of both companies will result in an expanded range of solutions

Red Lion Controls, known for its advanced automation and networking solutions, will contribute its expertise to further enhance HMS’s portfolio.

The combined capabilities of both companies will result in an expanded range of solutions, offering customers unprecedented levels of connectivity, efficiency, and control in their industrial operations.

HMS Networks and Red Lion Controls partnership

Marcel van Helten, the President of Red Lion Controls, expressed enthusiasm about the acquisition, stating, “This is a great step for Red Lion. I would like to thank Spectris and Andrew Heath for their support in our growth over the past several years."

He adds, "I am looking forward to being able to work with the HMS team to make this a great success.

Closing of the acquisition

Closing of the acquisition is expected to take place during the first half year of 2024, subject to customary closing conditions, including filing with and approval by the appropriate authorities, under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 and filing with and approval by the Committee on Foreign Investment in the United States of America (USA).