LONDON: Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, today announced the acquisition of Piezocryst Advanced Sensorics GmbH from AVL List GmbH (AVL) for €133.5 million (£112.2 million). The acquisition of Piezocryst builds on our long-standing relationship with AVL. Based in Graz, Austria, Piezocryst has been a leading provider of piezoelectric…
Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, has agreed to acquire Micromeritics Instrument Corporation for an upfront consideration of $630 million
Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, has agreed to acquire SciAps Incorporated for consideration of up to $260 million (£205 million)
LONDON, UK: Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, has signed a purchase agreement to acquire MicroStrain Sensing Systems Business for $37.6 million (£29.4 million). Based in Vermont, MicroStrain is a leading developer of inertial and wireless sensing systems, serving the industrial and aerospace sensing systems market. The business has…
LONDON, UK: Spectris plc (LSE: SXS), the expert in providing insight through precision measurement, has signed a purchase agreement to acquire Dytran Instruments Inc. for $82 million (£66 million), valuing the business at 15.8x EBITDA for the 12 months ending March 2022. The transaction is subject to regulatory approval and is anticipated to close in…
LONDON, UK: Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, announced the sale of Omega Engineering to Arcline Investment Management for $525 million (£403 million), at a valuation of approximately 20.4x Omega’s 2021 adjusted EBITDA. Omega will be joining the Dwyer Group of companies (‘Dwyer’), an Arcline portfolio company. Alongside this, Spectris…
LONDON, UK: Spectris plc has confirmed that it is in discussions with Oxford Instruments regarding a potential acquisition of the entire issued and to be issued share capital of Oxford Instruments at the possible offer of £31 per Oxford Instruments share through a combination of cash and new Spectris shares, comprising £19.50 in cash; and…
LONDON: Spectris plc announced the divestment of its Brüel & Kjær Vibro (‘B&K Vibro’) and Millbrook businesses. Subject to the completion of these disposals, the proceeds will be used to further strengthen Spectris’ balance sheet and then be deployed in accordance with its capital allocation policy. Brüel & Kjær Vibro: Spectris has agreed with NSK…
Spectris plc is a supplier of precision instrumentation and controls. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Traded as: LSE: SXS Industry: Instrumentation Predecessor: Fairey Aviation Company Founded: 1915 Headquarters: Egham, Surrey, United Kingdom Website: www.spectris.com
LONDON: Spectris plc, the productivity-enhancing instrumentation and controls company, has agreed with Voith GmbH & Co. KGaA for Voith to acquire BTG Group from Spectris for a total gross cash consideration of €319 million. The sale is in line with Spectris’ strategy to simplify and focus our portfolio and to concentrate on developing presence in…