Add-on Acquisition • Test/Measurement Equipment

Spectris Acquires Piezocryst

On September 5, 2024, Spectris acquired test/measurement equipment company Piezocryst for 134M EUR

Acquisition Context
  • This is Spectris’ 7th transaction in the Test/Measurement Equipment sector.
  • This is Spectris’ 6th largest (disclosed) transaction.
  • This is Spectris’ 1st transaction in Austria.

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M&A Deal Summary

Date September 5, 2024
Target Piezocryst
Sector Test/Measurement Equipment
Buyer(s) Spectris
Deal Type Add-on Acquisition
Deal Value 134M EUR

Target Company

Piezocryst

Graz, Austria
Piezocryst is a provider of piezoelectric sensors, specializing in high-precision pressure sensors and accelerometers for demanding applications. The Company’s sensors are known for their quality, durability and precision, helping optimise engines, machines and processes in the harshest of environments. Piezocryst is based in Graz, Austria.
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Buyer Overview 1

Buyer

Spectris

London, United Kingdom

Category Company
Founded 1915
Sector Test/Measurement Equipment
Employees7,266
Revenue 1.3B GBP (2024)
DESCRIPTION

Spectris is a supplier of productivity enhancing instrumentation and controls. 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. 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 London, United Kingdom.


Deal Context for Buyer #
Overall 16 of 16
Sector: Test/Measurement Equipment 7 of 7
Type: Add-on Acquisition 15 of 15
Country: Austria 1 of 1
Year: 2024 3 of 3
Size (of disclosed) 6 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-16 Micromeritics

Norcross, Georgia, United States

Micromeritics is a provider of analytical instrumentation for particle and materials characterization. Micromeritics offers market-leading technologies for the characterization of surface area and porosity, density and volume, physical and chemical adsorption, and size and shape of particles. Micromeritics was founded in 1962 and is based in Norcross, Georgia.

Buy $630M