Smiths Group Mergers and Acquisitions Summary

Diversified Company

Smiths Group has acquired 10 companies, including 2 in the last 5 years. A total of 7 acquisitions came from private equity firms. It has also divested 6 assets.

Smiths Group’s largest acquisition to date was in 2005, when it acquired Medex for $925M. It’s largest disclosed sale occurred in 2002, when it sold Volution Group to Montagu Private Equity for $192M. Smiths Group has acquired in 6 different US states, and 2 countries. The Company’s most targeted sectors include medical products (25%) and safety/security (13%).

Join Mergr and gain access to Smiths Group’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the diversified sector.

M&A Summary

  • M&A Total Activity14
    • M&A Buy Activity8
    • M&A Sell Activity6
  • Total Sectors Invested 7
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 14
  • M&A Advisors 2

Smiths Group Plc

11-12 St James's Square 4th Floor,
London, SW1Y 4LB
United Kingdom,
+44 20 7004 1600
www.smiths.com

Smiths Group is a world leader in the practical application of advanced technologies. Our products and services. Smiths Group was founded in 1851 and is founded in London, the United Kingdom.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (0.2/yr) # 7 - 1 - - - 8
vol $1.9B $345M $2.3B
Sell (0.4/yr) # 4 2 - - - - 6
vol $440M $76M $516M
  14

Most Recent M&A

Company Date Value Type
United Flexible, Inc. 2018-10-04 345M USD Add-on Acquisition
Romeoville, Illinois · www.unitedflexible.com
Morpho Detection, Inc. 2017-07-10 76M USD Divestiture
Newark, California
Power Distribution, Inc. 2017-01-27 - Divestiture
Richmond, Virginia · www.pdicorp.com
Smiths Group plc - Wallace Product Line 2016-11-06 168M USD Divestiture
London, United Kingdom
Morpho Detection, Inc. 2016-04-21 710M USD Divestiture
Newark, California
Specac Ltd. 2015-04-22 - Divestiture
Orpington, United Kingdom · www.specac.co.uk
Power Distribution, Inc. 2011-10-12 235M USD Add-on Acquisition
Richmond, Virginia · www.pdicorp.com
Indufil BV 2008-05-06 - Add-on Acquisition
Duiven, Netherlands
Kelvin Hughes Ltd. 2007-11-09 80M GBP Divestiture
Ilford, United Kingdom · www.kelvinhughes.com
Medex, Inc. 2005-03-21 925M USD Add-on Acquisition
Hilliard, Ohio · www.medex.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Smiths Medical Group Ltd.    - Access Scientific LLC 2020-05-13 1
Ashford, United Kingdom · www.smiths-medical.com San Diego, California · www.accessscientific.com
John Crane Group Corp. 2000-01-01 Seebach GmbH 2018-06-14 2
Morton Grove, Illinois · www.johncrane.com Vellmar, Germany · www.seebach.com
Smiths Interconnect, Inc.    - Smiths Interconnect, Inc. - Microwave Telecoms Business 2017-05-02 1
Thousand Oaks, California · www.smithsinterconnect.com , United States
John Crane Group Corp. 2000-01-01 CDI Oilfield Services SRL 2016-09-23 2
Morton Grove, Illinois · www.johncrane.com Ploiesti, Romania
John Crane Group Corp. 2000-01-01 John Crane Production Solutions, Inc. 2016-09-23 1
Morton Grove, Illinois · www.johncrane.com Sugar Land, Texas · www.productionsolutions.net
John Crane Group Corp. 2000-01-01 XPD8 Solutions Ltd. 2015-10-28 1
Morton Grove, Illinois · www.johncrane.com Aberdeen, United Kingdom · www.xpd8solutions.com
Smiths Interconnect, Inc.    - Interconnect Devices, Inc. 2010-03-22 2
Thousand Oaks, California · www.smithsinterconnect.com Kansas City, Kansas · www.idinet.com
Smiths Interconnect, Inc.    - TRAK Communications, Inc. 2004-04-04 1
Thousand Oaks, California · www.smithsinterconnect.com Tampa, Florida · www.trakcommunications.com

M&A by Sector

Sector Buy # Value Sell # Value
Medical Products 2 (25%) 980M (43%) 1 (17%) 168M (33%)
Electrical Equipment 1 (13%) 235M (10%) 1 (17%) -
Manufacturing 1 (13%) 345M (15%) 1 (17%) -
Safety/Security 1 (13%) 710M (31%) 1 (17%) 76M (15%)
Energy Services and Equipment 1 (13%) - - -
Machinery 1 (13%) - - -
Test/Measurement Equipment 1 (13%) - - -
Building Materials - - 1 (17%) 192M (37%)
Marine - - 1 (17%) 80M (16%)
Total 8 $2.3B 6 $516M

By Geo

State/Country Buy Value Sell Value
United States 7 2.3B 2 76M
  Illinois 2 345M - -
  Virginia 1 235M 1 -
  California 1 710M 1 76M
  Ohio 1 925M - -
  New York 1 55M - -
  Colorado 1 - - -
United Kingdom - - 4 440M
Netherlands 1 - - -
Domestic - - 4 (67%) 440M (85%)
Cross-border 8 (100%) 2.3B (100%) 2 (33%) 76M (15%)
Total 8 $2.3B 6 $516M

Top M&A Advisors

Financial Deals
Harris Williams & Co.
1
Gleacher Shacklock LLP
1

Deal Values

buy # Total
$100M to $1B 4 $2.2B
< $100M 1 $55M
TOTAL $2.3B
Largest Medex, Inc.
$925M (2005-03-21)
sell # Total
$100M to $1B 2 $360M
< $100M 2 $156M
TOTAL $516M
Largest Volution Group plc
$192M (2002-12-01)

M&A Connections

Deals
Acquired from
Investor(s)
63%
5 (63%)
Strategic(s)
13%
1 (13%)
Divested to
Investor(s)
67%
4 (67%)
Strategic(s)
33%
2 (33%)

 Subscribe to unlock this and 167,181
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.2K Private Equity Firms
  • 156K M&A Transactions
  • 163K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.3K M&A Advisors
    (Investment Banks and Law Firms)
  • 55K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Smiths Group Plc

Diversified Companies , United Kingdom Companies