2 July 2001
Smiths Group has sold Eschmann Equipment, the business within Smiths Medical division specialising in capital equipment for hospitals and clinics. Its products include operating tables, autoclaves, and electrosurgery & surgical suction equipment.
Eschmann, and its Singapore-based distribution company SIMS PTE Ltd, have been purchased by a group of private investors, led by David Instance, for approximately 11 million, in cash.
Smiths' Chief Executive, Keith Butler-Wheelhouse, said: Part of our core strategy in Medical is to concentrate on businesses that are strong in single-use disposable devices, principally in two areas: respiratory care/anaesthesia, and infusion therapy. Eschmann is a successful business serving a different market, and we believe it can realise greater potential under its new owners."
Eschmann is located at Lancing, West Sussex, and employs 230 people. SIMS PTE employs six people in Singapore.
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 Detection 3D X-ray technology deployed in £1bn Heathrow upgrade
Read our latest company news as Smiths Detection announces new Heathrow upgrade programme.
Find out more
John Crane hits 50 year dry gas seals anniversary
Read our latest news as John Crane celebrates a 50 year milestone for manufacturing dry gas seals
Find out more
John Crane signs global framework agreement with leading international energy company
Read our latest company news as John Crane signs a global framework agreement with a leading international energy company
Find out more
