31 October 2024 - acquisition
The technology products company SDI Group has announced the acquisition of InspecVision, a provider of precision measurement machinery for industrial applications, for £6.1m. The acquisition will take the group into the high value metrology market and the company will join SDI's Industrial and Scientific Products division. The purchase will be funded by cash and is expected to be earnings enhancing immediately. InspecVision generated revenues of £3.2m in 2023 and produced adjusted EBITDA of £0.84m. It has a blue-chip customer base with international sales and a strong presence in the USA. The . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.
