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SXS Spectris Plc

3,330.00
16.00 (0.48%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Spectris Plc LSE:SXS London Ordinary Share GB0003308607 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  16.00 0.48% 3,330.00 3,334.00 3,340.00 3,394.00 3,298.00 3,394.00 125,117 16:35:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Industrial Measurement Instr 1.45B 145.4M 1.4407 23.16 3.37B

Spectris Buys US company Omnicon for $29 Million

18/10/2017 8:37am

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Spectris (LSE:SXS)
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By Dimitrios Kontos

 

Spectris PLC (SXS.LN) said Wednesday that it has completed the acquisition of U.S. company Omnicom Group Inc. (OMC) for an initial consideration of $29 million.

The U.K.-based electronics company said that Omnicon provides a range of services in important U.S. industries, including aerospace, automotive, transportation and defense.

Spectrics believes that the acquisition provides it with strong geographic growth opportunities across the joint customer base of the two companies, in the U.S. and in Europe.

 

Write to Dimitrios Kontos at dimitrios.kontos@dowjones.com

 

(END) Dow Jones Newswires

October 18, 2017 03:22 ET (07:22 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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