Completion of the acquisition of Piezocryst

Spectris PLC

02 December 2024

 

Completion of the Acquisition of Piezocryst Advanced Sensorics GmbH

2 December 2024

Further to the announcement on 5 September 2024, Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, today announces the completion of the acquisition of Piezocryst Advanced Sensorics GmbH, a leading provider of piezoelectric sensors for demanding applications, following receipt of the required regulatory approval.

Investor Relations events

On 10 December 2024 at 14:00hrs UK time, Spectris will be hosting a virtual teach-in on its Servomex business hosted by Andrew Heath, CEO of Spectris plc and James Gravestock, President of Servomex. Access to the event is via the following link:

https://www.investis-live.com/spectris/6740b61ddfb4f2000f7082d3/frew

Spectris will report its full year results for 2024 on Friday, 28 February 2025.

END

For and on behalf of Spectris plc.

LEI number: 213800Z4CO2CZO3M3T10

Contacts:

Spectris plc

Mathew Wootton

Investor Relations Director
[phone]

Teneo

Martin Robinson/Giles Kernick

[phone]

About Spectris

Spectris combines precision with purpose, delivering progress for a more sustainable world. We provide critical insights to our customers through premium precision measurement solutions combined with technical expertise and deep domain knowledge.  Precision is at the heart of what we do - our leading, high-tech instruments and software equip our customers to solve some of their greatest challenges to make the world cleaner, healthier and more productive.

We are focused on two key divisions - Spectris Scientific and Spectris Dynamics, which are placed in technology-driven end markets, with strong fundamentals and attractive growth trajectories. We have leading market positions in premium segments and employ 7,700 people located in more than 30 countries, all united behind our purpose to deliver value beyond measure for all our stakeholders.  For more information, visit www.spectris.com.

About Piezocryst

Piezocryst, based in Graz, Austria, specializes in high-precision pressure sensors, force sensors, and accelerometers for demanding applications. Established in 2004 as a spin-off from AVL List, the company has roots in the piezoelectric sensor business dating back to the 1950s. Known for their precision, quality, and durability, Piezocryst's sensors optimise engines, machines, and processes while preserving global resources. They maintain their own crystal growth and processing it into their high-precision products. Piezocryst employs 175 people from over 10 nations. They manufacture the smallest and most powerful piezoelectric sensors at their Graz facility, serving industries such as Formula1, gas turbines, and industrial applications.

 

END