HIMA Group increases sales by 20 percent

HIMA Group increases sales by 20 percent

Germany, Brühl, 17th June 2024

The HIMA Group, a family-owned company and leading provider of safety-related automation solutions, has concluded the most successful financial year in the company’s history with the 2023 fiscal year. The global presence and solution portfolio for the process industry and railway technology will be further expanded.

In 2023, HIMA generated sales of 151.4 million euros, corresponding to organic growth of 12%. The integration of Sella Controls, acquired in February 2023, increased sales by a total of 20%. “Our growth strategy, which is based on the digitalization of functional safety with added value in parallel with international expansion, paid off in 2023,” says Jörg de la Motte, CEO of the HIMA Group.

“HIMA continued to grow profitably in 2023 – for our shareholders this is a good basis for further investments.”

Dr. Michael Löbig, CFO of the HIMA Group

Strengthening global presence and expansion

The HIMA Group is consistently continuing its international expansion. Following the acquisition of Sella Controls in the UK, the HIMA Group also acquired the Norwegian technology company Origo Solutions in February 2024. HIMA received a major order from the Norwegian energy company Equinor for the supply of equipment to both onshore and offshore plants, and the development of the new SCADA+ system by Origo Solutions expands HIMA’s capabilities into the field of renewables.

The local presence was expanded with new locations in Saudi Arabia and the expansion of group companies in Slovakia and the Middle East, with a subsidiary in India planned before the end of the year.

Advanced solutions and successful projects

The Group achieved success in various sectors, including new rail projects in the UK, Italy and India, and continues to drive the digitalization of functional safety in the process industry, including the pipeline management solution FLOWorX, now extended to monitor and secure hydrogen pipelines.