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Our strategy is to supplement organic growth with disciplined M&A. We actively seek out companies that align with our key priorities and enable us to:

  • Build on our strong core of mission-critical products and services by adding a broader product, geographical, or technology offering
  • Expand into compelling market adjacencies
  • Continue to build on our ESG ambitions, find out more here.

We have a strong track record in maximising value creation through M&A:

  • Providing the resources required to accelerate growth and maximise commercial and operational potential
  • Implementing the Smiths Excellence System and Smiths Leadership Behaviours across acquired businesses, find out more here.

We have well-established M&A capabilities and a dedicated Corporate Development team who drive idea generation and execution in partnership with our world-class divisional leadership teams, who also have extensive acquisition experience.

Success stories: Recent acquisitions

Find out more about our recent acquisitions and how we are successfully integrating them into Smiths Group to create value. 

Heating Cooling Products Building

Broadening our offering in the US HVAC market with HCP

Smiths Group acquired Heating & Cooling Products (HCP), a US-based manufacturer of Heating, Ventilation & Air Conditioning (HVAC) solutions. The addition further expands Smiths Group’s presence in the North American HVAC market, enabling Smiths to serve customers with an even broader product range, including HCP’s patented axial and radial seal duct technology which improves energy efficiency.

Plastronics Semiconductor

Expanding our position in the semiconductor test market with Plastronics

Smiths Group acquired Plastronics, a leading supplier of burn-in test sockets and patented spring probe contacts for the semiconductor test market segment, as well as custom connectors for industrial applications.

Plastronics’ technology, products, and capabilities complement and strengthen Smiths Interconnect’s existing portfolio of products and supports our ambition to be the partner of choice for semiconductor test customers around the world.

Team contact

Daniel Ross-Jones

T: +44 (0) 20 7004 1600

Zeynep Sedefci

T: +44 (0) 20 7004 1600