M&A Deal Summary

Smiths Detection Group Acquires Pathsensors

On August 4, 2020, Smiths Detection Group acquired machinery company Pathsensors

Acquisition Highlights
  • This is Smiths Detection Group’s 1st transaction in the Machinery sector.
  • This is Smiths Detection Group’s 1st transaction in the United States.
  • This is Smiths Detection Group’s 1st transaction in Maryland.

M&A Deal Summary
Date 2020-08-04
Target Pathsensors
Sector Machinery
Buyer(s) Smiths Detection Group
Deal Type Add-on Acquisition

Target

Pathsensors

Baltimore, Maryland, United States
Pathsensors is a biotechnology solutions and environmental testing company providing high-speed, high-sensitivity pathogen detection and threat prevention solutions. PathSensors’ solutions can detect a wide range of threats, including anthrax, ricin, Ebola, salmonella, Phytophthora, and Ralstonia. Pathsensors was formed in 2010 and is based in Baltimore, Maryland.

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Buyer(S) 1

Buyer

Smiths Detection Group

London, United Kingdom
Category Company
Sector Machinery
DESCRIPTION

Smiths Detection is a provider of threat detection and screening technologies for aviation, ports and borders, defense, and urban security markets. Its experience and history across more than 40 years at the frontline, enables to deliver the solutions needed to protect society from the threat and illegal passage of explosives, prohibited weapons, contraband, toxic chemicals, and narcotics.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Mergr

Product

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