Safe Life Expands Asian Reach with Acquisition of HTM Medico Singapore
Deal News | Jul 15, 2025 | PR Newswire Cision Safe Life
Safe Life, a prominent provider of emergency and rescue solutions in Europe and North America, has announced the acquisition of HTM Medico, the leading distributor of automated external defibrillators (AEDs) in Singapore. This acquisition is a major step for Safe Life as it marks its entry into the Asian market. HTM Medico, known for its long-standing role in public access to AEDs in Singapore, has been instrumental in raising public awareness of cardiac arrest rescue measures and public access to AEDs. Under the leadership of its passionate founder Don Mok, HTM Medico has achieved substantial growth and established durable relationships with ministries, educational institutions, and private companies. With the acquisition, HTM Medico will continue to operate under its respected brand while leveraging Safe Life's broader resources and product range. Safe Life, founded in 2019, focuses on providing rescue equipment and training, with rapid expansion in Europe and North America through acquisitions. Its strategic goal is to build safer communities. HTM Medico offers sales, maintenance, and training around AEDs, supporting local authorities and institutions with certified equipment and expert advice. This acquisition aligns with Safe Life’s strategy of accelerated growth and meeting the growing demand for AEDs and public safety equipment, signaling continued search for strategic opportunities to extend its reach and impact.
Sectors
- Healthcare Equipment & Services
- Mergers & Acquisitions
Geography
- Singapore – HTM Medico, the target company, is based in Singapore and is the leading AED distributor in that country.
- Sweden – Safe Life, the acquiring company, is headquartered in Stockholm, Sweden.
Industry
- Healthcare Equipment & Services – The article discusses the acquisition of a company that is a leading distributor of automated external defibrillators (AEDs), which are a critical piece of healthcare equipment.
- Mergers & Acquisitions – The article focuses on the acquisition of HTM Medico by Safe Life, which is a significant M&A transaction involving expansion into the Asian market.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Safe Life | Acquiring Company | Company | A provider of emergency and rescue solutions, expanding its presence in Asia through the acquisition of HTM Medico. |
| HTM Medico | Target Company | Company | A Singaporean company that distributes AEDs and provides related training, now acquired by Safe Life. |
| Jimmy Eriksson | CEO of Safe Life | Person | CEO of Safe Life, leading the company through strategic acquisitions to expand its presence. |
| Don Mok | Founder and General Manager of HTM Medico | Person | Founder of HTM Medico, instrumental in the company’s successful integration into Safe Life's operations. |