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Spectris Acquires NanoSight For GBP15 Million

30th Sep 2013 11:46

LONDON (Alliance News) - Spectris PLC said Monday that it had acquired NanoSight Limited, a company which designs and develops particle size measurement instrumentation, for GBP15 million. Spectris will fund the acquisition from existing cash and bank facilities.

The company will be integrated into Spectris' Materials Analysis segment of Malvern Instruments.

Spectris designs and develops instrumentation and controls. Its shares were trading down 2.00 pence at 2,207.00 pence Monday morning.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2013 Alliance News Limited. All Rights Reserved.


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