15 July 2002
Smiths Group has sold the distribution business Fans & Spares Group Ltd, and a separate distribution business in Ireland, for approximately 6.5 million in cash. These formed part of the air movement activities of Smiths Industrial division, together with fan manufacturing operations which are unaffected by this transaction.
Fans & Spares has been acquired by a group of private investors which will merge the business with their existing distributor of heating & ventilation products, R&S Cartwright (Manchester) Engineers Ltd. The Fans & Spares network comprises 18 branches throughout the UK. The Irish distribution business has been sold to a private investor. Together they generated annual sales of some 20m.
ENDS
General media enquiries
Contact our global media and communications team at:

Please note – the press team can only answer enquiries from accredited members of the press.
Related articles

Smiths Group becomes member of the Manufacturing Technology Centre
Read our latest company news as Smiths Group becomes a member of the Manufacturing Technology Centre
Find out more
John Crane launches next-generation Coaxial Seal
Find out more
Smiths Group Foundation launches second round of charitable donations
Read our latest company news as the Smiths Group Foundation launches a second round of charitable donations
Find out more