Acquisition

RNS Number : 8542J

Spectris PLC

18 June 2014

 



17^th July 2014

ACQUISITION OF LA CORPORATION SCIENTIFIQUE CLAISSE 

18 June 2014 - Spectris plc ("Spectris" or the "Company") (LSE: SXS), the productivity-enhancing instrumentation and controls company, today announces that it has acquired the business and assets of the Canadian company La Corporation Scientifique Claisse ("Claisse"), a global market leader in sample preparation for atomic spectroscopy (including X-ray) analysis, for an undisclosed sum. Revenues for the year ending March 2014 were CAD13 million.

Claisse designs, manufactures and sells consumables and instruments used to prepare consistent and comparable samples for spectroscopic analysis in mining, pharmaceutical, academic research and industrial applications. Claisse will become part of the Materials Analysis segment and will be integrated into PANalytical, combining two leaders in fusion and X-Ray Fluorescence (XRF) analysis.

Eoghan O'Lionaird, Business Group Director, said: "Claisse is a strong strategic addition to Spectris' Materials Analysis segment as it deepens our presence within the sample preparation market.  Claisse is renowned for its innovation and fusion technology leadership, and we are confident that the market will benefit from PANalytical's support of Claisse's continued product and application development plans. We believe there is a strong cultural fit with PANalytical, and that the combined capabilities will create significant value for our XRF customers, as well as increasing PANalytical's resilient revenues."

- ENDS -

Contacts:
Spectris plc
Cléa Rosenfeld, Head of Corporate Affairs	[phone]
FTI Consulting
Richard Mountain / Susanne Yule	[phone]

ABOUT SPECTRIS

Spectris plc is a leading supplier of productivity-enhancing instrumentation and controls. The Company's products and technologies help customers to improve product quality and performance, improve core manufacturing processes, reduce downtime and wastage and reduce time to market. Its global customer base spans a diverse range of end user markets. Spectris operates across four business segments which reflect the applications and industries it serves: Materials Analysis, Test and Measurement, In-line Instrumentation and Industrial Controls. Headquartered in Egham, Surrey, England, the Company employs approximately 7,600 people located in more than 30 countries.

For more information, visit www.spectris.com

 

END

 

 

ACQSFMFIWFLSEEM