Bruel & Kjaer UK Ltd. - PRODUCT NEWS
LDS Test and Measurement joins Brüel & Kjær.
Spectris plc, the productivity-enhancing instrumentation and controls company, announces that it has completed the acquisition of the LDS Test and Measurement business from SPX Corporation for $86 million on a debt and cash-free basis. The acquisition will be consolidated from 1 December 2008.
Spectris originally announced on 1 October 2008 that it had agreed to acquire the LDS Test and Measurement business for $102 million. The sales, operating profit and gross assets previously disclosed remain unchanged. The transaction was subject to a number of conditions and under the revised terms of the contract, Spectris will not acquire the Nicolet brand name. The LDS data acquisition and instrumentation products will be rebranded under the HBM name.
In addition to data acquisition and instrumentation products, the LDS Test and Measurement business also provides test systems for the electro-dynamic vibration market. These products complement those from Brüel & Kjær Sound and Vibration Measurement A/S, enabling Spectris to provide customers with a complete test system for both structural analysis and vibration testing.
John O'Higgins, Chief Executive of Spectris, commented, LDS is an excellent fit with the existing businesses in the Test and Measurement segment and enables us to provide a greatly enhanced range of products and software to help our automotive and aerospace customers improve productivity in their research and development cycles.
For further information, please contact Lars Rønn, Managing Director at Brüel & Kjær, via e-mail: firstname.lastname@example.org or telephone: +45 7741 2493.
About Bruel & Kjaer
Brüel & Kjær is a world-leading manufacturer and supplier of sound and vibration solutions for use in a wide range of applications including environmental noise measurements, building acoustics, vibration measurements and quality control for use in the automotive, aerospace and consumer industries, as well as by local authorities. Today Brüel & Kjær has 900 employees and sales offices in 55 countries. Brüel & Kjær is a subsidiary of UK-based Spectris plc. (www.spectris.com). Spectris has annual sales of approximately £656m and employs around 6000 people worldwide in its 15 business units.
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