Sviluppo Sostenibile, a private equity fund active in the Italian mid-market and focused on promoting ESG principles, managed by DeA Capital Alternative Funds SGR, has acquired a controlling stake in GM International.
The term “functional safety” came to life in the nineties. Initially, the solutions to enhance the safety of critical applications primarily involved one or more contactors. However, with the advent of the IEC 61508 standard, more advanced equipment began to prosper and populate the market. This process fostered the origin of safety relays.
There is a vast number of applications where safety relays are employed, spanning various industries. The common denominator of these environments is safety, which is always the top priority.
