The HIMA Group, a safety-related automation solutions provider, recorded an 18% increase in incoming orders in 2022, and plans further expansion in the Middle East
The company expects further growth in 2023 through digitalisation, internationalisation, and expansion of partnerships.
Jorg de la Motte, CEO of HIMA Group said: "The HIMA Group had a great year in 2022. With the acquisition of Sella Controls, we have also embarked on a new chapter for international growth in the railway technology sector."
Europe accounted for 59% of sales, the Middle East 12%, Asia 20%, and Americas and cross-regional projects 9%.
The HIMA Group invested 12% of its sales in research and development in 2022 and has set itself the goal of digitalising functional safety. The process industries (oil & gas, refineries and chemical industry) remain the largest customer group. The railway technology sector also showed a positive trend.
“The positive customer feedback shows us that we have successfully attained our objectives with our digitalisation strategy #safetygoesdigital," de la Motte said.
In addition to further investments in R&D – especially for software and applications – HIMA's priorities in 2023 include internationalisation and the expansion of partnerships. In addition to the acquisition of Sella Controls in February 2023, which expands HIMA's presence in the UK and extends its expertise and solutions portfolio in the railway sector, it also has recently expanded its sales and service presence in France, opened a new regional headquarters in Dubai and established its own company in Argentina.
Dr. Michael Löbig, CFO of HIMA Group said, “With these measures, we are further expanding our global sales and service presence and solidifying our claim to provide customers with the best possible local support in the digitalisation of functional safety."
Further regional expansions are planned with a focus on the target markets of the Middle East and Asia.