The 2020 Mid-Year Economic Update_long

Smiths Group to Buy Sartorius

British technology group Smiths Group will buy German-based hydrodynamic bearing manufacturer Sartorius Bearing Technology GmbH AG.
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The purchase price is 20 million euros.
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Sartorius Bearing Technology GmbH is to be integrated into the John Crane business of Smiths, which focuses on the design and manufacture of seals
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The Sartorius Group will continue to focus on its two core areas: biotechnology and mechatronics, as well as on its major groups of customers, the biopharmaceutical, chemical and food industries.
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For fiscal year 2007, Sartorius expects sales of 15 million ...

British technology group Smiths Group will buy German-based hydrodynamic bearing manufacturer Sartorius Bearing Technology GmbH AG.
&nbsp ;
The purchase price is 20 million euros.
&nbsp ;
Sartorius Bearing Technology GmbH is to be integrated into the John Crane business of Smiths, which focuses on the design and manufacture of seals
&nbsp ;
The Sartorius Group will continue to focus on its two core areas: biotechnology and mechatronics, as well as on its major groups of customers, the biopharmaceutical, chemical and food industries.
&nbsp ;
For fiscal year 2007, Sartorius expects sales of 15 million euros.

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