HMS Industrial Networks Ltd., a wholly owned subsidiary of HMS Networks AB, acquired all shares in Control Specialists Ltd., located in Manchester, United Kingdom.
Control Specialists is a key partner to Procentec, HMS’ offering for monitoring and diagnostics of industrial networks. Control Specialists delivers certifications and certified trainings related to industrial networks in the United Kingdom. Control Specialists is expected to realize a turnover of 0.5 MGBP in 2022 and will be integrated into HMS Industrial Networks Ltd during 2023 to further strengthen the Procentec training offering.
The acquisition will have limited impact on HMS’s sales and earnings per share in 2022.
