REG - Spectris PLC - Completion of the acquisition of Piezocryst

SpectrisAnnouncement

02/12/2024 12:15

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RNS Number : 4472O  Spectris PLC  02 December 2024

Completion of the Acquisition of Piezocryst Advanced Sensorics GmbH

 

2 December 2024

 

Further to the announcement on 5 September 2024, Spectris plc (SXS: LSE), the
expert in providing insight through precision measurement, today announces the
completion of the acquisition of Piezocryst Advanced Sensorics GmbH, a leading
provider of piezoelectric sensors for demanding applications, following
receipt of the required regulatory approval.

 

Investor Relations events

 

On 10 December 2024 at 14:00hrs UK time, Spectris will be hosting a virtual
teach-in on its Servomex business hosted by Andrew Heath, CEO of Spectris plc
and James Gravestock, President of Servomex. Access to the event is via the
following link:

 

https://www.investis-live.com/spectris/6740b61ddfb4f2000f7082d3/frew
(https://www.investis-live.com/spectris/6740b61ddfb4f2000f7082d3/frew)

 

Spectris will report its full year results for 2024 on Friday, 28 February
2025.

 

 

END

 

For and on behalf of Spectris plc.

 

LEI number: 213800Z4CO2CZO3M3T10

 

Contacts:

Spectris plc

Mathew Wootton

Investor Relations Director

+44 7500 078880

Teneo

Martin Robinson/Giles Kernick

+44 20 7353 4200

 

About Spectris

Spectris combines precision with purpose, delivering progress for a more
sustainable world. We provide critical insights to our customers through
premium precision measurement solutions combined with technical expertise and
deep domain knowledge.  Precision is at the heart of what we do - our
leading, high-tech instruments and software equip our customers to solve some
of their greatest challenges to make the world cleaner, healthier and more
productive.

We are focused on two key divisions - Spectris Scientific and Spectris
Dynamics, which are placed in technology-driven end markets, with strong
fundamentals and attractive growth trajectories. We have leading market
positions in premium segments and employ 7,700 people located in more than 30
countries, all united behind our purpose to deliver value beyond measure for
all our stakeholders.  For more information, visit www.spectris.com
(http://www.spectris.com) .

About Piezocryst

Piezocryst, based in Graz, Austria, specializes in high-precision pressure
sensors, force sensors, and accelerometers for demanding applications.
Established in 2004 as a spin-off from AVL List, the company has roots in the
piezoelectric sensor business dating back to the 1950s. Known for their
precision, quality, and durability, Piezocryst's sensors optimise engines,
machines, and processes while preserving global resources. They maintain their
own crystal growth and processing it into their high-precision products.
Piezocryst employs 175 people from over 10 nations. They manufacture the
smallest and most powerful piezoelectric sensors at their Graz facility,
serving industries such as Formula1, gas turbines, and industrial
applications.

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