Smiths Group completed the acquisition of Duc-Pac for $40.5m.

Smiths Group, an industrial technology company, completed the acquisition of Duc-Pac, a US-based metal duct manufacturer for heating, ventilation and air conditioning (HVAC) applications, for $40.5m. "We see an exciting future in our Flex-Tek business as we continue to invest for growth. We are building a strong track record of successfully integrating bolt on acquisitions to augment our strong organic growth," Roland Carter, Smiths Group CEO.