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New Deal


Announced

Completed

Spectris completed the acquisition of Dytran Instruments for $82m.

Financials

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Transaction Value£66m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA15.8x
Share Price Premium-
One Off Charge-

Tags

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United States

Cross Border

Electronic Equipment: Gauges and Meters

sensors

Private

accelerometers

Completed

Majority

Single Bidder

Acquisition

Friendly

Synopsis

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Spectris, a manufacturer of precision measurement, completed the acquisition of Dytran Instruments, a designer and manufacturer of piezo-electric and MEMS-based accelerometers and sensors, for $82m. “Dytran is an excellent addition to HBK, bringing complementary technology and strengthening our sensor offering to customers in the fast-growing accelerometer market. The combination will strengthen HBK’s position in the US aerospace, space and defence industries, as well as accelerate Dytran’s revenue by leveraging HBK’s existing global sales channels. We look forward to welcoming the Dytran team to HBK and providing our customers with a wider portfolio of accelerometers and solutions, helping to enhance their products and development programmes," Andrew Heath, Spectris CEO.

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