HIMA expands global operations and secures major projects

The HIMA Group, a family-owned business and a provider of safety-related automation solutions, has marked a successful financial year in its history with the conclusion of the 2023 fiscal year. The company plans to further expand its global presence and solution portfolio for the process industry and railway technology.

In 2023, HIMA achieved sales of 151.4 million euros, reflecting an organic growth of 12%. The acquisition of Sella Controls in February 2023 contributed to an overall sales increase of 20%.

Expanding global presence and reach

The HIMA Group is steadily advancing its international expansion. Building on last year's acquisition of Sella Controls in the UK, the HIMA Group further extended its reach by acquiring Norwegian technology company Origo Solutions in February 2024.

HIMA has received a significant order from the Norwegian energy company Equinor to supply equipment for both onshore and offshore plants. The development of the SCADA+ system by Origo Solutions has broadened HIMA's expertise into renewable energy.

The company's presence has grown with new locations in Saudi Arabia and expanded operations in Slovakia and the Middle East. A new subsidiary in India is set to open by the end of this year. In regions where HIMA lacks a direct presence, the company is expanding its partner program to enhance engineering and support capabilities through qualified partners.

Advanced solutions

HIMA has seen success in various sectors, including new rail projects in the UK, Italy, and India. The railway industry, alongside the process industry, remains a key market for HIMA. Thanks to Sella Controls, the company's product and solution portfolio has grown, leading to new projects such as an overspeed prevention system in the UK, which automatically reduces rail vehicle speed and enables driver monitoring. Additionally, HIMA's safety controllers are securing the earthing system in Italy's high-speed train tunnel "Galleria Ceraino," operating fully automatically and remotely in compliance with SIL 4 standards. A partnership has been established with an Indian company to develop the Automatic Train Protection System ("Kavach").

"Our growth strategy, which is based on the digitalisation of functional safety with added value in parallel with international expansion, paid off in 2023," says Jörg de la Motte, CEO of the HIMA Group. 

"HIMA continued to grow profitably in 2023 – for our shareholders this is a good basis for further investments," adds Dr. Michael Löbig, CFO of the HIMA Group. By region, Europe dominates the business of the HIMA Group with a 55% share of sales. This is followed by Asia (20%) and the Middle East (17%). The Americas account for 8% of sales.