Smiths’ Chief Executive, Keith Butler-Wheelhouse, said: Our Industrial activities are now focussed on the fast-growing interconnect sector and air movement products. Industrial hydraulics was not a core activity and it will benefit from joining SPX, a recognised specialist in this field.
The business manufactures hydraulic pumps, valves and power packs for use in rail systems, material handling and industrial markets. Based at Witney, Oxfordshire, it employs 135 people.
Smiths is a global business with market-leading positions in each of its four operating businesses: advanced aerospace systems; mechanical and polymer seals; medical devices and critical care equipment; and specialised industrial products for interconnect & air movement applications. Further information on Smiths can be found on the company’s website: www.smiths-group.com.
