• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Summary: HUPAH Holdings S.A. d/b/a Capital Safety Group Feb 12 Product Image

Summary: HUPAH Holdings S.A. d/b/a Capital Safety Group Feb 12

  • ID: 2059566
  • February 2012
  • Standard & Poors

FEATURED COMPANIES

  • Capital Safety Group S.A.
  • MORE

Abstract
Our ratings on Hupah Holdings S.A. (doing business as Capital Safety Group, based in Red Wing, Minn.) reflect the company's "weak" business risk profile and "highly leveraged" financial risk profile, as our criteria define the terms. Capital Safety Group manufactures fall protection, confined space, and rescue equipment such as harnesses, lanyards, blocks, and anchor points. The company's main end markets include construction (24% of revenues), oil and gas (21%), industrial (12%), utilities (11%), and transportation (9%). We believe Capital Safety's business profile will remain weak because of its narrow focus in a niche market, fall protection equipment, which is a subset of the competitive and fragmented personal protection equipment industry. This limits the company's scale of operations. The company's overall...

Companies mentioned in this report are:
- Capital Safety Group S.A.
- Capital Safety North America Holdings Inc.

Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress READ MORE >

Note: Product cover images may vary from those shown

- Capital Safety Group S.A.
- Capital Safety North America Holdings Inc.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS