1st Apr 2021 17:51
Spectris PLC - Egham, England-based precision instrumentation and controls supplier - Says it has acquired Pompano Beach, Florida-based Concurrent Real-Time, from Battery Ventures, a Boston-based private equity firm, for a purchase consideration of USD166.7 million in cash. Says transaction is in line with Spectris' strategy to make synergistic acquisitions to enhance and grow its platform and potential platform businesses. Concurrent-RT will be integrated into its HBK subsidiary.
Current stock price: 3,424.00 pence
Year-to-date change: up 21%
By Arvind Bhunjun; [email protected]
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