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."

ENDS

General media enquiries

Contact our global media and communications team at:

Tom Steiner

Tom Steiner

Head of External Communications

+44 (0) 20 7004 1600

Email Arrow right icon

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

Related articles

Earth View

Smiths Group plc – Q3 Trading Update

Find out more Call to action arrow icon
Dubai Aviation Engineering Projects Has Signed A Deal With Smiths Detection 1 Copy

Smiths Detection awarded contract to provide checkpoint screening technology for Dubai International Airport

Read our latest company news as Smiths Detection is awarded a new contract from DAEP to provide checkpoint screening technology for Dubai International Airport

Find out more Call to action arrow icon
Davinci Gen V Gen Front View[36]

Smiths Interconnect launches ‘DaVinci Gen V’ next-generation test socket

Read our latest company news as Smiths Interconnect launches ‘DaVinci Gen V’ next-generation test socket

Find out more Call to action arrow icon
Sign up for updates Call to action arrow icon