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British safety equipment maker Halma Plc said on Wednesday that it has purchased safety-critical electrical testing technology firm MK Test Systems Limited in a multimillion-pound deal. Halma said the acquisition was for a cash consideration of £44 million ($55 million), to be funded from Halma’s existing facilities. Marc Ronchetti, chief executive of Halma, said: “MK Test further enhances our capabilities in electrical safety and brings new opportunities for growth, driven by increasing safety regulation and the need to protect high value assets. “Its technology plays an important role in aut…

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