Skip to main content

1 June 2004

Smiths Group today announced the completion of the acquisition of TRAK Communications Inc., a leader in the design and manufacture of microwave sub-systems, antennas and related components, for a cash sum of $111.5 million (63m). This follows approval from the EU and US regulatory bodies.

This acquisition is the fifth Smiths has announced since presenting its interim results on 10 March, bringing total expenditure to $330.5 million (187m).

Commenting on this acquisition, Smiths Group chief executive Keith Butler-Wheelhouse said; "Smiths continues to pursue its strategy of profitable growth through investing in new technology and the acquisition of businesses which complement or expand our offering to the customer."


Related articles

Aerial Shot Of Forest

John Crane awarded key energy transition contracts in North America

Find out more Call to action arrow icon
Mobile Scanner

Advanced X-ray screening equipment used to help secure NFL Super Bowl

Find out more Call to action arrow icon
Japan Airport

Smiths Detection technology to be used at Fukuoka International Airport 

Find out more Call to action arrow icon