Latest news for Spectris (OTC:SEPJF) Stock

Spectris

Spectris PLC supplies measuring instruments for research and industrial applications. The firm operates in four segments: Industrial Solutions, which includes a range of specialty businesses involved in particle measurement and testing; Malvern Panalytical, which provides tools for measuring the structure, size, and amount of particles during research and production; HBK, which makes measuring tools for product design and improvement; and Omega, which provides tools for measuring and controlling temperature, humidity, pressure, and conductivity. Revenue is generated in Asia, Europe, and North America in industries such as pharmaceutical, mining, and academic research.

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Nordson To Acquire NDC Technologies From Spectris For $180M

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Spectris PLC

<ul>
	<li>Nordson Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) has&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/08/b22628759/nordson-corporation-announces-agreement-to-acquire-ndc-technologies-expanding-its-test-and-inspect" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">agreed to acquire</a>&nbsp;the&nbsp;NDC Technologies&nbsp;business from&nbsp;Spectris plc&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SEPJF#OTC">SEPJF</a>) for $180 million in cash.</li>
	<li>Dayton, Ohio-based NDC Technologies is a provider of precision measurement solutions for in-line manufacturing process control. It generates ~$90 million in annual revenue and $15 million in EBITDA.</li>
	<li>NDC Technologies&#39; technology portfolio includes in-line measurement sensors, gauges, and analyzers.</li>
	<li>This acquisition expands Nordson&#39;s test and inspection platform into new end markets and adjacent technologies. It is further progress on Nordson&#39;s Ascend Strategy to achieve top-tier growth with leading margins and returns.</li>
	<li>Nordson held&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/05/b21266298/nordson-corporation-reports-record-second-quarter-results-and-raises-fiscal-year-2021-guidance" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">cash and cash equivalents of $133.32 million</a>&nbsp;as of April 30, 2021.</li>
	<li>Price Action:&nbsp;NDSN closed higher by 0.55% at $231.02 on Monday.</li>
</ul>

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