Spectris PLC

M&A Activity • Sep 20, 2023

National Storage Mechanism | Additional information

RNS Number : 9770M

Spectris PLC

20 September 2023

Completion of the Acquisition of MicroStrain Sensing Systems Business

20 September 2023

Further to the announcement on 19 June 2023, Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, today announces the completion of the acquisition of MicroStrain Sensing Systems, a leading developer of inertial and wireless sensing systems, following receipt of the required regulatory approval.

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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 7,600 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.

About MicroStrain

Located in Vermont, MicroStrain was established in 1987 to develop and commercialise highly engineered inertial sensing systems and wireless data collection solutions. In parallel, MicroStrain has developed proprietary calibration process and software tools for its customers to optimize performance and minimize the impact of environmental disruptions in critical applications.

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