M&A Deal Summary

Smiths Group Acquires Summitek Instruments

On December 3, 2001, Smiths Group acquired test/measurement equipment company Summitek Instruments

Acquisition Highlights
  • This is Smiths Group’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Smiths Group’s 2nd transaction in the United States.
  • This is Smiths Group’s 1st transaction in Colorado.

M&A Deal Summary
Date 2001-12-03
Target Summitek Instruments
Sector Test/Measurement Equipment
Buyer(s) Smiths Group
Deal Type Add-on Acquisition

Target

Summitek Instruments

Englewood, Colorado, United States
Summitek Instruments, Inc. is a provider of intelligent instruments to wireless providers for RF test and measurement.

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Buyer(S) 1

Buyer

Smiths Group

London, United Kingdom
Category Company
Founded 1851
Sector Diversified
Employees15,156
Revenue 3.0B GBP (2023)
DESCRIPTION

Smiths Group is a provider of practical applications of advanced technologies. Smiths Group was founded in 1851 and is based in London, England.

DEAL STATS #
Overall 2 of 8
Sector (Test/Measurement Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 7
State (Colorado) 1 of 1
Country (United States) 2 of 7
Year (2001) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 John Crane Group

Morton Grove, Illinois, United States

John Crane Group Corp. is a manufacturer of engineered sealing equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-01 Volution

Crawley, United Kingdom

Volution is a manufacturer and distributor of ventilation products. The company operates through two divisions: the Ventilation Group, which primarily supplies ventilation products for residential and commercial construction applications in the UK, the Nordics, the Benelux countries and Germany; and Torin-Sifan, which supplies motors, fans and blowers to OEMs of heating and ventilation products for both residential and commercial construction applications in Europe. Volution Group was founded in 2014 and is based in Crawley, England.

Sell £125M
Mergr

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