1 year ago
KARAM Safety Acquires Alteco in Brazil, Expanding Global Reach
A company called KARAM Safety, which makes safety equipment, bought a big part of a Brazilian company named Alteco.
This helps KARAM grow and sell its products in more places.
Alteco makes gear to keep people safe when they work at heights.
By joining together, they hope to create new and better products, make it easier to get the products, and provide better service to customers.
They believe this will help them become a leader in safety equipment in Brazil and other parts of Latin America.
KARAM Safety, through KStrong Brazil, acquired 90% of Alteco, a Brazilian height safety company.
The acquisition aims to expand KARAM's global presence and boost its inorganic growth strategy.
Alteco, founded in 2022, specializes in fall protection solutions and has a significant manufacturing capacity.
The partnership will integrate technologies, local expertise, and expand market reach.
Both companies expect gains in innovation, logistics, customer service, and new product development.
- Who
- KARAM Safety and Alteco Solucoes em Altura.
- What
- KARAM Safety acquired 90% stake in Alteco Solucoes em Altura.
- Where
- Brazil and Latin America.
- When
- Announced on August 22.
- Why
- To expand operations and become a comprehensive provider of PPE solutions.
Alteco's Perspective
KARAM Safety's Perspective
Synergy
Alteco's Perspective
Focus on local insight and commitment to the professionals.
KARAM Safety's Perspective
Bringing technology and global scale.
Key facts
- Acquisition
- KARAM Safety acquired 90% stake in Alteco
- Buyer
- KStrong Brazil (KARAM Safety entity)
- Seller
- Alteco Solucoes em Altura
- Alteco Founded
- 2022
- Alteco Headquarters
- Curitiba, Parana, Brazil
- Alteco Manufacturing Capacity
- Approximately 55,000 harnesses annually
- KARAM Safety Products
- Over 3850 certified products
Quotes
Hemant Sapra
President, Global Sales & Marketing, KS Group
“Our acquisitions across multiple geographies are aligned with a single vision — to create a truly global ecosystem of safety. With Midas Safety India, we strengthened our hand protection portfolio; with HSE Solutions in South Africa, we expanded our distribution and market reach; and with Alteco in Brazil, we are fortifying our leadership in height safety. Together, these steps position us as a comprehensive provider of world-class PPE solutions.”
theprint.in
“By welcoming Alteco into the KS Group, we are uniting our technological strengths with their deep local expertise. This synergy will be the foundation of a new era of growth and innovation for height safety in Brazil and across Latin America.”
theprint.in
Fernanda Neves
Director at Alteco
“We are proud of what we’ve built so far. This move represents the realization of a dream — to grow without giving up our values, our essence, and our commitment to the professionals who rely on our equipment every day.”
theprint.in
Marco Rossi
Partner at Alteco
“This is a meeting of complementary philosophies. The KS Group brings technology and global scale. We offer local insight, hands-on experience, and the attentive ear of those who are side by side with professionals in the field.”
theprint.in
