SDI has announced the acquisition of Peak Sensors for c.£2.4m; a manufacturer of temperature sensors, specialising in standard and bespoke thermocouples and resistance thermometers, which are used in various industries, the most important to Peak being the glass industry. The acquisition is a typical SDI-target; strong niche position, profitable and cash generative. It is funded from SDI’s existing debt facility, with net debt at 30 September having been c.£13.3m (unchanged from 30 April 2023 du ....
07 Nov 2023
SDI Group - £2.4m acquisition
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
SDI Group - £2.4m acquisition
SDI Group plc (SDI:LON) | 54.0 1.1 3.8% | Mkt Cap: 56.5m
- Published:
07 Nov 2023 -
Author:
Mark Brewer | Adam McCarter -
Pages:
16
SDI has announced the acquisition of Peak Sensors for c.£2.4m; a manufacturer of temperature sensors, specialising in standard and bespoke thermocouples and resistance thermometers, which are used in various industries, the most important to Peak being the glass industry. The acquisition is a typical SDI-target; strong niche position, profitable and cash generative. It is funded from SDI’s existing debt facility, with net debt at 30 September having been c.£13.3m (unchanged from 30 April 2023 du ....