Smiths Group plc is a British, multinational, diversified engineering business headquartered in London, England.
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17 Facts About Smiths Group
2.
Smiths Group is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
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3.
Around this time, Smiths Group began to manufacture some of their own motor products, particularly speedometers.
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4.
On 21 July 1914, Smiths Group was floated on the London Stock Exchange; the organisation has been present on the exchange for over one hundred years.
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5.
Outbreak of the First World War in 1914 contributed to Smiths Group making gains in multiple markets around the world that had been previously held by the German competition.
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6.
Smiths Group became the dominant supplier of instruments to British motorcar and motorcycle firms.
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7.
In 1984, Smiths Group Industries was reorganised into three principal operating divisions: Industrial, Medical Systems, and Aerospace and Defence.
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8.
In 1987, Smiths Group Industries purchased Lear Siegler Holdings Corp, an American avionics specialist; during 1994, Deltec, an American medical devices business, was acquired by the firm.
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9.
On 4 December 2000, it was announced that Smiths had completed a merger with TI Group, which held interests in aerospace, industrial seals and automotive parts.
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10.
In July 2002, Smiths Group established a fourth division, Smiths Detection, which specialised in producing sensors and other equipment for the detection of weapons, explosives, contraband, and various hazardous substances.
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11.
Historically, Smiths Group was positioned as a first-tier aerospace supplier, frequently seeking out relevant acquisition opportunities to further its presence in the field.
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12.
In October 2004, Smiths Group Aerospace purchased Integrated Aerospace, an American equipment supplier.
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13.
Smiths Group stated that it chose to sell its aerospace division, which was profitable at the time, in order to invest in other areas of the business.
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14.
In September 2011, Smiths Group acquired the American-based power technology enterprise, Power Holdings Inc, for £145 million.
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15.
On 21 April 2016, it was announced that Smiths Group was in the process of acquiring Morpho Detection LLC, a US-based subsidiary of Safran; it was integrated into the Smiths Detection division.
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16.
Smiths Group Detection is the world's largest manufacturer of products in this sector.
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17.
Smiths Group has worked in senior management at Ingersoll Rand, Siebe and Delphi Automotive Systems.
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