Consilium Safety Group acquires Radicos Technologies to strengthen safety on container vessels
Gothenburg, Sweden – 2023-11-27, Consilium Safety Group, a world-leading provider of fire, flame, and gas safety solutions, makes a strategic acquisition of Radicos Technologies, a leader and innovator in linear detection such as heat, gas, and vibration. This acquisition bolsters Consilium's commitment to enhance safety standards within the marine industry.
The integration of Radicos' solutions into Consilium's portfolio will revolutionize safety on container vessels, by providing an early warning approach to prevent potential fire incidents.
Founded in 2011 and rooted in innovation, Radicos, based in Austria and Switzerland, is a leader in Industrial Internet of Things for linear detection such as heat, gas, and vibration. The company has developed a sensor network to collect data from large industrial infrastructure, enabling early detection of anomalies such as minimal temperature gradients in fire incidents.
"I am delighted that Radicos is joining Consilium. Consilium has set a clear strategy to extend our SafetyTech leadership, and Radicos is a great contribution in this journey," says Philip Isell Lind af Hageby, CEO of Consilium Safety Group.
The synergies created through the integration of Radicos' TWIN system with Consilium's fire, flame and gas safety solutions increase early detection capabilities, providing a comprehensive approach to safeguarding both assets and people in industrial settings.
Container vessels, some of the largest at sea, can carry up to 24,000 containers, posing significant safety challenges in the event of fire. Current practices often rely on technologies with limitations in early detection and incident prevention.
“Radicos' solutions allow quick tracing if for instance one container is at 18 degrees Celsius and the adjacent one is 35 degrees Celsius. Using our safety management system software, SMiG, operators receive valuable information when a conflicting pattern is identified. With this solution incidents are detected in an early stage, even at ambient temperatures. It´s a true game-changer for safety within the container shipping industry," highlights Thobias Ernfridsson, Chief Technology Officer at Consilium Safety Group.
Bernhard Heibl, Co-Founder and Managing Director at Radicos, expresses his enthusiasm about the acquisition.
"Since the very first meeting, it felt natural. It was evident that we share the same safety DNA. Consilium's global reputation and extensive presence in more than 55 countries, along with their commitment to excellence in safety solutions, made Consilium the ideal choice to elevate our technology."
About Consilium:
Consilium Safety Group is a world-leading solution provider of fire, flame and gas safety technologies for the marine, energy, transport and building sectors. By combining safety expertise with intelligent detection, the company contributes to protecting lives, values, and the planet through technology. What started in 1912 is today an international company driven by innovation. Consilium Safety Group is based in Gothenburg, Sweden, has more than 55 offices, covering all time zones, and strives to be a great place to grow for all its 900 employees.
For further information:
Malin Cardemar, CMCO, Consilium Safety Group
Mail: malin.cardemar@consiliumsafety.com
Telephone: +46 735 95 32 51
