View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
May 12, 1997updated 05 Sep 2016 12:38pm


By CBR Staff Writer

British engineering conglomerate and city darling, Siebe Plc has added another to its 130 strong group with the purchase of APV Plc, a UK food and beverage equipment maker. Siebe is on a mission to maintain its reputation as a growth stock; it has declared its intention to grow profits by 15% annually and acquisitions are a key part of this strategy. Siebe is one of the global leaders in control systems for automating industrial plants, mainly through its giant high tech US unit Foxbro Co, purchased in 1990 for 580m pounds. Shares moved up nine pence to 967 pence on the news.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.