Smiths Group PLC
14 June 2004
Smiths Group plc
765 Finchley Road London NW11 8DS
T:+44(0)20 8457 8403 F:+44(0)20 8458 0680
www.smiths-group.com
News Release
London, 14 June 2004
For immediate release
Smiths completes acquisition of US hazardous material detection specialist for
$75m
Smiths Group today announced the completion of the acquisition of SensIR
Technologies LLC, a leading manufacturer of infrared-based analysers, for a
total of $75 million (£41m). This follows approval from the US regulatory body.
'This is a further step in building a technology-led business to serve the
diverse detection market,' commented Keith Butler-Wheelhouse, chief executive of
Smiths Group. 'SensIR brings new technology to us, strengthening our ability to
support those in the front line who make the world a safer place.'
SensIR supplies analysers for the identification of potentially hazardous
substances in solid and liquid form. Its products are principally used by
military forces and the emergency services, notably first responders, hazmat
(hazardous material) teams and fire services worldwide.
Smiths Group designs and manufactures safety critical systems and products, and
has market leading positions in aerospace systems, detection systems, medical
devices, mechanical seals, and interconnect products. For further information,
visit www.smiths-group.com
Contact:
Media: Bernard Carey: 020 8457 8403 Investors: Russell Plumley 020 8457 8203
Caroline Harris: 020 8457 8306
This information is provided by RNS
The company news service from the London Stock Exchange
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