Trisha Shetty (Editor)

Spectris

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Type
  
Public (LSE: SXS)

Website
  
www.spectris.com

Revenue
  
1.19 billion GBP (2015)

Net income
  
113.8 million GBP (2015)

Industry
  
Instrumentation

Headquarters
  
Founded
  
1915

Operating income
  
143.6 million GBP (2015)

Spectris httpsuploadwikimediaorgwikipediaeneefSpe

Key people
  
John Hughes, ChairmanJohn O'Higgins, CEO

Stock price
  
SXS (LON) 2,503.00 GBX +6.00 (+0.24%)29 Mar, 9:21 AM GMT+1 - Disclaimer

Subsidiaries
  
PANalytical, Malvern Instruments, Brüel & Kjær

Spectris plc is a supplier of precision instrumentation and controls. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Contents

History

The Company was founded by Richard Fairey in 1915, as the Fairey Aviation Company with the objective of manufacturing seaplanes. In 1980 the business was acquired by Pearson from which it was the subject of a management buy-out in 1987. It was first listed on the London Stock Exchange in 1988. In the 1990s the Company focused on electronics selling its electrical insulator and hydraulic actuator businesses.

In 1997 it acquired Burnfield, a measuring instruments manufacturer, and in 1999 it bought Servomex, an industrial instruments manufacturer. In 2000 it bought four instrumentation businesses from Spectris A.G. of Germany and then in 2001 changed its name to Spectris plc. In 2002 it bought the Philips Analytical business. In 2011, Spectris bought Omega Engineering for $475 million. In December 2012 it sold Fusion UV to Heraeus Holding, GmbH. for $172 million (USD) in cash using the proceeds to pay down debt. In 2014 it acquired ESG Solutions, an industry leader and pioneer in microseismic technology and services for the oil and gas, mining and geotechnical industries.

Operations

The Company is organised as follows:

  • Materials Analysis - Malvern Instruments, Particle Measuring Systems, PANalytical
  • Test and Measurement - Brüel & Kjær Sound & Vibration, ESG Solutions, HBM Test and Measurement
  • In-line instrumentation - Brüel & Kjær Vibro, BTG, NDC Technologies, Servomex
  • Industrial Controls - Microscan Systems, Inc., Red Lion Controls, Omega Engineering
  • References

    Spectris Wikipedia


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