Capital Safety Acquires Altiseg
Company expands business in Brazil
BLOOMINGTON, Minn.--(BUSINESS WIRE)--Capital Safety, home of the DBI-SALA® and PROTECTA® brands, today announced that it has acquired Altiseg Equipamentos de Seguranca de Trabalho Ltda. – EPP (Altiseg), a leading fall protection company in Brazil. Capital Safety is a global leader in fall protection and height safety, and leads the fall protection industry in South America.
“Our local knowledge and capabilities coupled with Capital Safety’s expanded portfolio of products shall open up new opportunities for our growth in the Brazilian market. We are delighted to join hands with a world leader to unlock our full potential.”
“This acquisition expands our footprint in the region and allows us to better serve our customers. Altiseg complements our existing capabilities and strengthens our position in a fast-growing, emerging geography. Altiseg has a strong reputation and widespread brand recognition in this fall protection market and it will be a great addition to Capital Safety,” said Stephen Oswald, Capital Safety CEO.
Patricia dos Santos, commercial director at Altiseg, agrees that the acquisition will be beneficial to both companies, adding, “Our local knowledge and capabilities coupled with Capital Safety’s expanded portfolio of products shall open up new opportunities for our growth in the Brazilian market. We are delighted to join hands with a world leader to unlock our full potential.”
No further details were disclosed.
Established in 1987, Altiseg is a leading player in its segment in Brazil. It is headquartered in Curitiba in the southern State of Parana in Brazil, including a manufacturing facility and state of the art customer training center. The company designs, manufactures and sells a full range of fall protection harnesses and lanyards and provides training services to its customers. Altiseg is ISO 9001 certified and was the first to market under the new INMETRO certification requirements in Brazil. Visit www.altiseg.com.br for more information.
About Capital Safety
Capital Safety, a world leading designer and manufacturer of height safety and fall protection equipment with 26 operating sites worldwide, is home of the DBI-SALA® and PROTECTA® brands. All of Capital Safety’s products and services are backed by extensive training, knowledgeable technical assistance and professional customer service. For more information, contact Capital Safety at 800-328-6146, 651-388-8282 or visit them on the web at www.capitalsafety.com.