Air Movement Acquisitions

Smiths Industries PLC 10 April 2000 Smiths Industries adds to air movement activities Smiths Industries has acquired AeroSonics Inc. in the US and Venair Technik in Switzerland for a total of £5 million. The two privately owned businesses bring complementary product lines to the company's activities in air movement systems and will add more than £4m to sales. AeroSonics manufactures products used for noise reduction in ducting systems for heating, ventilation and air-conditioning. Venair Technik manufactures silicone and polyurethane industrial hoses and has developed advanced extrusion technologies which Smiths Industries will introduce into its UK and USA ducting businesses. In addition to its air movement business, Smiths Industries is a world leader in specialised interconnect products, advanced electronic and electrical systems for the aerospace industry and single-use devices and critical care equipment for the healthcare sector.
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