Spectris has acquired CAS Clean Air Service, a Swiss cleanroom services business, for an undisclosed amount. The business generates sales of approximately £7m, the majority of which from services. CAS will be integrated into Particle Measuring Systems (PMS) within the Materials Analysis division, but remain a distinct service brand. Management expects strong growth once CAS is able to leverage the expertise available within PMS. We do not expect the acquisition to have a material effect on our f ....
23 Feb 2016
Bolt-on acquisition of CAS Clean Air Service
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Bolt-on acquisition of CAS Clean Air Service
Spectris plc (SXS:LON) | 3,316 0 0.0% | Mkt Cap: 3,339m
- Published:
23 Feb 2016 -
Author:
Jo Reedman -
Pages:
3
Spectris has acquired CAS Clean Air Service, a Swiss cleanroom services business, for an undisclosed amount. The business generates sales of approximately £7m, the majority of which from services. CAS will be integrated into Particle Measuring Systems (PMS) within the Materials Analysis division, but remain a distinct service brand. Management expects strong growth once CAS is able to leverage the expertise available within PMS. We do not expect the acquisition to have a material effect on our f ....