Weather Forecast

Close
Advertisement

Capital Safety acquires Brazilian firm

Email Sign up for Breaking News Alerts
News Red Wing,Minnesota 55066 http://www.republican-eagle.com/sites/all/themes/republicaneagle_theme/images/social_default_image.png
Republican Eagle
651-388-3404 customer support
Capital Safety acquires Brazilian firm
Red Wing Minnesota 2760 North Service Drive / P.O. Box 15 55066

Capital Safety has acquired Brazilian fall protection company Altiseg Equipamentos de Seguranca de Trabalho Ltda., Capital Safety announced.

Advertisement
Advertisement

“This acquisition expands our footprint in the region and allows us to better serve our customers,” Capital Safety CEO Stephen Oswald said. “Altiseg complements our existing capabilities and strengthens our position in a fast-growing, emerging geography. Altiseg has a strong reputation and widespread brand recognition in this fall protection market and it will be a great addition to Capital Safety.”

Patricia dos Santos, commercial director at Altiseg, said the acquisition will be beneficial to both companies.

“Our local knowledge and capabilities coupled with Capital Safety’s expanded portfolio of products shall open up new opportunities for our growth in the Brazilian market. We are delighted to join hands with a world leader to unlock our full potential,” she said.

Established in 1987, Altiseg has headquarters in the southern state of Parana in Brazil. The company designs, manufactures and sells a full range of fall protection harnesses and lanyards and provides training services to its customers.

Capital Safety, with its 26 sites worldwide including the Red Wing office, is home of the DBI-SALA and Protectas brands.

For details, visit www.capitalsafety.com.

Advertisement
Danielle Killey
Danielle Killey is the city reporter for the Republican Eagle, where she has worked since 2011. She graduated from the University of Minnesota-Twin Cities with a journalism degree.
(651) 301-7877
Advertisement
Advertisement