MSA Safety's stock surged 6.12% during Tuesday's intraday session following the announcement of a significant strategic acquisition.

The company has entered into a definitive agreement to acquire Autronica Fire and Security, a Norway-based provider of fire and gas detection and alarm systems, for approximately $555 million. The deal is expected to be accretive to MSA Safety's adjusted earnings per share in the first full year of ownership and will expand its portfolio in the critical safety solutions market.

Investors reacted positively to the news, which outlines a transaction funded through a combination of cash on hand and existing credit facilities, with an expected closing in the third quarter of 2026.