Dytran Instruments, Inc. (‘Dytran’) has been acquired by Spectris plc (SXS: LSE), the expert in providing insight through precision measurement acquired, for $82 million.
Based in Chatsworth, California, Dytran is a leading designer and manufacturer of piezo-electric and MEMS-based accelerometers and sensors for measuring dynamic force, pressure, and vibration, with its largest market in North America. Its products are used in a broad range of applications in the space, aerospace, industrial and automotive industries in both product development testing and embedded monitoring solutions.
Dytran will be integrated into HBK, which has a long-established brand in accelerometers and where it will benefit from leveraging HBK’s global sales and service network. The acquisition strengthens HBK’s piezo-electric offering, adds new MEMS capability and expands sales into North America. The acquisition also allows both companies to leverage complementary capabilities and provide enhanced customer offerings and solutions to enable accelerated product development.
Andrew Heath, Chief Executive, said:
“Dytran is an excellent addition to HBK, bringing complementary technology and strengthening our sensor offering to customers in the fast-growing accelerometer market. The combination will strengthen HBK’s position in the US aerospace, space and defence industries, as well as accelerate Dytran’s revenue by leveraging HBK’s existing global sales channels. We look forward to welcoming the Dytran team to HBK and providing our customers with a wider portfolio of accelerometers and solutions, helping to enhance their products and development programmes.”
Philpott Ball & Werner, LLC served as advisor to Dytran Instruments, Inc. in the sale transaction.
