#Acquisition #Hong Kong #SU Group #KM Safety

SU Group Holdings Limited Takes a Major Step with KM Safety Solution Company Acquisition

On September 15, 2026, SU Group Holdings Limited, trading on Nasdaq under the ticker SUGP, unveiled an ambitious strategic move by announcing the proposed acquisition of KM Safety Solution Company Limited. This acquisition aligns with SU Group's vision of enhancing its technology-driven safety solutions, broadening its portfolio in the safety and security market.

The agreement, which involves SU Group Investment Limited— a wholly owned subsidiary of SU Group— was formalized through a sale and purchase agreement with Lead New Limited, the current owner of KM Safety. The total cost of this acquisition amounts to approximately HK$5,616,000, which converts to around US$721,000 based on the current exchange rate. The payments are scheduled to be made in cash upon the completion of the deal.

However, completion of this acquisition is subject to various conditions that include a thorough due diligence review by the Purchaser of KM’s operations and strategic approvals from required authorities. If these conditions aren’t fulfilled or waived by the stipulated deadline of October 31, 2026, the agreement will automatically become void. As it stands, the future of this proposed acquisition is uncertain, as there is no guarantee it will indeed materialize.

KM Safety, the target of this acquisition, specializes in providing essential safety solutions, along with consultancy services in this domain. Notably, the company also holds rights to market and distribute intelligent emergency lighting control products across Hong Kong, thanks to a distribution agreement with a third party that extends over a 24-month period starting from July 22, 2026.

The strategic acquisition of KM Safety is set to significantly enhance SU Group's existing technological expertise in safety and security. The integration of KM's distribution rights and its operational strengths will allow SU Group to deliver comprehensive, cohesive solutions to its customer base, catering to a wide range of safety needs within the rapidly evolving marketplace.

About SU Group Holdings Limited

SU Group stands as an integrated provider of security-related services, significantly making its mark in Hong Kong. The organization predominantly focuses on security engineering, guarding, screening, and vocational training services. Over the past two decades, SU Group has executed comprehensive, turnkey services tailored to meet the infrastructure needs of its customers, encompassing security system innovations from design and installation to ongoing maintenance. Their service range includes advanced threat detection systems, as well as traffic and pedestrian control systems utilized in various sectors, including commercial, residential, and public facilities in Hong Kong.

To explore more about SU Group and its comprehensive service offerings, one can visit their official website at www.sugroup.com.hk.

Forward-Looking Statements

In their announcement, SU Group made cautionary notes regarding forward-looking statements as outlined by the Private Securities Litigation Reform Act of 1995. These statements involve numerous risks and uncertainties, especially concerning the successful completion of the acquisition of KM Safety. Moreover, SU Group stresses that their projections regarding future financial conditions and operational outcomes may vary due to a myriad of unpredictable factors as well as other notable risks and uncertainties.

As market watchers observe this unfolding situation, the potential implications for SU Group's operational capabilities within the sector remain a focal point for stakeholders and industry analysts alike. The strategic movement towards enhancing security offerings by integrating new technologies alongside established operations indicates a progressive direction for SU Group in an increasingly competitive landscape.