Announced
Completed
Financials
Tags
United Kingdom
diagnostic center
Private Equity
Acquisition
Private
Majority
Friendly
Single Bidder
Test Inspection and Certification (TIC)
Domestic
Completed
Synopsis
Souter Investments and Sullivan Street, two investment firms, completed the acquisition of Tracerco, a business providing specialised detection, diagnostic, and measurement solutions, from Johnson Matthey, a company specialising in sustainable technologies, for £55m ($67m). "Tracerco is a part of JM's Value Businesses and has been identified as non-core to JM's growth strategy," Johnson Matthey.
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