publication date: May 21, 2012
|
author/source: Cognition PR
Newly-formed company SGX Sensortech
Limited has acquired the instrumentation solutions business from e2v
technologies plc, a global provider of high performance systems and equipment.
The business that SGX Sensortech has
acquired comprises what was formerly known as:
- e2v
scientific instruments, based in High Wycombe, UK.
- e2v
industrial gas sensors, based in Chelmsford, UK.
- e2v
microsensors and MiCS Microsensors, based in Neuchatel, Switzerland.
SGX Sensortech purchased the business,
which designs and manufactures sensors, in a transaction totaling £15m. SGX
Sensortech's product range includes sensors for detecting explosive, toxic and
polluting gases, and X-ray sensors for elemental analysis.
The acquisition positions SGX
Sensortech as a market leader of innovative sensor and detector devices that
offer unrivalled performance.
"This business has a strong heritage of
innovation in the design and development of sensors, and our management team
has unique expertise in driving technology businesses forward," said SGX
Sensortech CEO Dr. Graham Hine. "Through technical expertise and ongoing investment,
SGX Sensortech sits at the forefront of the industry, providing the highest
reliability and performance delivering to the most exacting timescales."
SGX Sensortech completed the
transaction backed by funding from Baird Capital Partners Europe.
About
SGX Sensortech
Formed in 2012 following the
acquisition of e2v's instrumentation solutions business, SGX Sensortech is an
industry leader in designing the most innovative sensing components - from
high-specification energy dispersive X-ray detectors to automotive air quality
sensors and industrial safety gas sensors. Serving customers worldwide that
require environmental, health and safety and materials analysis sensing
technology, the company works with a wide range of sectors from OEMs to
pharmaceutical and energy companies.
SGX Sensortech is headed by industry
expert Dr. Graham Hine, CEO.
Further information can be found on the
SGX Sensortech website at
www.sgxsensortech.com.
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