After 8 years of huge growth under our ownership, we sold Pioneer Safety Group to US based Cognesense.
PSG brings together seven brands across four sites, serving blue-chip customers across safety-critical industrial sectors.
Longacre Group acquired world leaders in explosion protection, Pyroban and Pyropress Limited in 2017, as a carveout from Caterpillar Inc. Inc, to form Pioneer Safety Group. At the time, the business had revenue of c.£16m and was loss-making. Over eight years, we restructured the business around its core explosion-protection engineering capability, and executed four strategic add-ons, broadening the group into one of Europe’s leading independent specialists in industrial safety for hazardous environments.
With CogneSense, a US trade buyer, PSG joins a global platform whose mission and scale are well matched for the next leg of the journey. Thank you to the management teams across Pioneer Safety Group for their relentless effort and dedication to grow this business.
