According to Il Sole24 Ore, SafeComm Products, LLC, a Buffalo, NY-based supplier of flight helmets and communications, recently acquired business unit and know how of Northwall Innovation, a Langhirano (Parma), Italy-based developer of flight helmets.
The asset purchase agreement amounted to approximately €1.5m payable in five years, and included two consulting and supply contracts and a cross-stock participation between the two companies.
Co-founded by Nicola Campani and Gianluca Martini, Northwall Innovation makes hi tech flight helmets for different roles, water rescue, tactical, or rescue personnel for civil protection, as well as useful accessories. The company is a spin-off of INKAY Technology.
Established in 2011, SafeComm Products offers flight helmet parts and accessories, such as hearing protection, active noise communications (ANR), wireless cell phone adapters.