- Business
- HAKI Safety AB (publ) (Nasdaq Stockholm: HAKI-B.ST) manufactures and supplies safety products and solutions for temporary workplaces in challenging environments, including infrastructure, energy, industry, aviation, rail, construction, and civil engineering sectors; its core offerings encompass work zone safety products such as catchfans, barrier systems, fall protection, access platforms, stairs, stairways, and spaghetti mats; system scaffolding solutions including system and frame scaffolding, weather protection, stair solutions, and bridge systems; and digital and technical solutions comprising surveying instruments, equipment for cadastral surveying and mapping, construction laser level tools, and digital design and construction tools for project planning and visualization. The company, founded in 1988 through a spin-off from Skåne-Gripen and headquartered in Malmö, Sweden, operates production facilities in Sweden, Hungary, Austria, the UK, and the US, supplemented by external contract manufacturing; it maintains approximately 350 employees across nine countries, with primary markets in Europe and North America. Formerly known as Midway Holding AB (publ), HAKI Safety rebranded in December 2023 to reflect its strategic shift from a diversified conglomerate to a focused provider of safety solutions centered on system scaffolds and related products. Recent acquisitions drive its growth strategy, including Span Access Solutions in 2019 for customized suspended platforms, Vertemax in 2021 for height safety and geographical expansion, Novakorp Systems and EKRO Bausystem in 2022 for barrier systems and German-speaking markets, Semmco Group in 2024 for aviation and rail access platforms and docking systems manufactured in the UK and US, and Trimtec in 2025 for Trimble precision equipment distribution in Sweden, broadening its geodesy offerings and enabling end-to-end solutions from planning to safety product delivery. HAKI Safety generates annual sales exceeding SEK 1 billion and pursues organic growth, geographical expansion in Europe and North America, supply chain optimization, and one to two acquisitions annually to diversify risks and enhance customer offerings in complex project segments.