Survitec is the world's leading survival technology company. Focused on serving the marine, military, aerospace and homeland security markets, Survitec brings together leading names involved in the design, manufacture, distribution and servicing of safety and survival equipment. Some of its leading brands include RFD, Beaufort, DSB and Eurovinil. Survitec employs over 1,000 people at its seven manufacturing sites and 13 service and distribution centres around the world. Its European headquarters are located in Dunmurry, Northern Ireland.

Chief Executive Uel McChesney commented "we are delighted that Montagu was chosen to acquire Survitec under its existing management team. Our long term strategy continues to focus on making the survival difference in dangerous and hazardous environments. We will build on our market leading positions in numerous survival equipment areas worldwide."

Simon Pooler and Anthony Greensmith of Montagu join the board as non executive directors. 

Simon Pooler said "Survitec has an attractive mix of predictable core earnings combined with growth from survival products with superior technology that have recently been brought to market. We have backed a management team with an impressive track record of generating long term growth."
Montagu was advised by Deloitte (financial) and Hammonds (legal). Debt funding for the deal was from Barclays, Manchester.

Back to top