JOINT VENTURE ESTABLISHED WITH MACQUARIE CAPITAL

RNS Number : 8078P

Spectris PLC

31 May 2018

 

                SPECTRIS PLC                                                                      

JOINT VENTURE ESTABLISHED WITH MACQUARIE CAPITAL 

31 May 2018 - Further to the Company's announcement on 14 December 2017, Spectris plc (SXS: LSE), the productivity-enhancing instrumentation and controls company, today announces that it has completed the disposal of EMS Brüel & Kjær, the environmental monitoring business, into a joint venture with Macquarie Capital for a total cash consideration of £44 million.

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Contacts:

Spectris plc

Siobhán Andrews, 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, technologies and services 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, United Kingdom, the Company employs approximately 9,800 people located in more than 30 countries. For more information, visit www.spectris.com.

 

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