Spectris - M&A Summary and Business Overview

Technology HardwareCompany

Spectris M&A Summary

Spectris has acquired 12 companies. A total of 2 acquisitions came from private equity firms. It has also divested 5 assets.

Spectris’ largest acquisition to date was in 2018, when it acquired Concept Life Sciences for $251M. It’s largest disclosed sale occurred in 2022, when it sold Omega Engineering to Dwyer Instruments for $620M. Spectris has acquired in 5 different US states, and 5 countries. The Company’s most targeted sectors include test/measurement equipment (42%) and software (25%).

Spectris Business Overview

Where is Spectris headquartered?

Spectris is headquartered in Egham, United Kingdom.

What is Spectris’ revenue?

Spectris disclosed revenue of 1,327M GBP for 2022 and 1,292M GBP for 2021.

How many employees does Spectris have?

Spectris has 7,650 employees.

What sector is Spectris in?

Spectris is a technology hardware company.

When was Spectris founded?

Spectris was founded in 1915.

M&A Summary

  • M&A Total Activity17
    • M&A Buy Activity12
    • M&A Sell Activity5
  • Total Sectors Invested 6
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 8

Spectris

Spectris plc

Heritage House Church Road,
Egham, TW20 9QD
United Kingdom,
+44 17 8447 0470
www.spectris.com

Spectris, a supplier of productivity enhancing instrumentation and controls. Our businesses serve, with recognised brands and award-winning products. 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. Spectris was founded in 1915 and is based in Egham, the United Kingdom.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 12 - - - - - 12
vol $740M $740M
Sell (0.8/yr) # 1 - 2 1 1 - 5
vol $189M $180M $620M $990M
  17

Most Recent M&A

Company Date Value Type
Concept Life Sciences Ltd. 2023-04-03 - Divestiture
High Peak, United Kingdom · www.conceptlifesciences.com
Omega Engineering, Inc. 2022-04-19 620M GBP Divestiture
Norwalk, Connecticut · www.omega.com
Spectris - NDC Technologies Business 2021-08-24 180M USD Divestiture
Egham, United Kingdom
Millbrook Proving Ground Ltd. 2021-02-02 - Divestiture
Bedford, United Kingdom · www.millbrook.co.uk
VI-grade GmbH 2018-07-24 - Add-on Acquisition
Marburg, Germany · www.vi-grade.com
Concept Life Sciences Ltd. 2018-01-26 251M GBP Add-on Acquisition
High Peak, United Kingdom · www.conceptlifesciences.com
The Omnicon Group, Inc. 2017-10-18 29M USD Add-on Acquisition
Hauppauge, New York · www.omnicongroup.com
Microscan Systems, Inc. 2017-08-30 189M GBP Divestiture
Renton, Washington · www.microscan.com
Millbrook Proving Ground Ltd. 2016-09-02 188M GBP Add-on Acquisition
Bedford, United Kingdom · www.millbrook.co.uk
Discom GmbH 2016-07-28 18M EUR Add-on Acquisition
Gottingen, Germany · www.discom.de
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Test/Measurement Equipment 5 (42%) 156M (21%) 1 (20%) 180M (18%)
Software 3 (25%) 65M (9%) - -
Automotive 1 (8%) 188M (25%) 1 (20%) -
Life Science 1 (8%) 251M (34%) 1 (20%) -
Technology Hardware 1 (8%) 51M (7%) 1 (20%) 189M (19%)
Business Services 1 (8%) 29M (4%) - -
Semiconductors - - 1 (20%) 620M (63%)
Total 12 $740M 5 $990M

By Geo

State/Country Buy Value Sell Value
United States 5 234M 2 810M
  Washington 1 23M 1 189M
  New York 1 29M - -
  California 1 90M - -
  Arizona 1 42M - -
  Alabama 1 51M - -
  Connecticut - - 1 620M
United Kingdom 2 439M 3 180M
Canada 2 49M - -
  Quebec 1 - - -
  Ontario 1 49M - -
Germany 2 18M - -
Switzerland 1 - - -
Domestic 2 (17%) 439M (59%) 3 (60%) 180M (18%)
Cross-border 10 (83%) 301M (41%) 2 (40%) 810M (82%)
Total 12 $740M 5 $990M

Deal Values

buy # Total
$100M to $1B 2 $439M
< $100M 7 $301M
TOTAL $740M
Largest Concept Life Sciences Ltd.
$251M (2018-01-26)
sell # Total
$100M to $1B 3 $990M
TOTAL $990M
Largest Omega Engineering, Inc.
$620M (2022-04-19)

M&A Connections

Deals
Acquired from
Investor(s)
17%
2 (17%)
Strategic(s)
8%
1 (8%)
Divested to
Investor(s)
20%
1 (20%)
Strategic(s)
80%
4 (80%)

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