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Smiths Industries Smiths Industries is to shed about 90 jobs at its Bishop's Cleeve aerospace engineering site near Cheltenham, as part of an efficiency drive. 30-Nov-2000 Smiths Industries is to sell Lambda Advanced Analog, its US electric power controls business, to International Rectifier Corp for £12m. 01-Nov-2000 Smiths Industries is to acquire Fairchild Defense, the US aerospace components company, from Orbital Sciences for £69m. 28-Sep-2000 Smiths Industries is to acquire TI Group for £1.77bn, which will expand its aerospace division and give it a new sealing solutions division. 19-Sep-2000 Smiths Industries is to close its Quartz air conditioning factories at Ferndown and Wimborne, Dorset, in order to transfer the work to Roof Units Engineering in Dudley, where up to 95 jobs will be created. 19-May-2000 Smiths Industries is to acquire Florida RF Labs, the US telecoms components company, for £16m. 04-May-2000 Smiths Industries is looking to spend up to £750m on acquisitions, in order to expand its aerospace, engineering and medical businesses. 16-Mar-2000 Smiths Industries is to acquire Actuation Systems, the US-based aircraft utilities business, from BAe Systems for £63m. 23-Feb-2000 Smiths Industries is to acquire EMC Technology, the US manufacturer of high-performance connectors, for £26m. 18-Jan-2000 Invensys has sold its aerospace division to Smiths Industries for £109m, and its Australian automotive casting business to Mezzanine Investments for £20m. 17-Dec-1999 Smiths Industries has acquired Sabritec, the US manufacturer of electronic connectors, for £32m. 14-Dec-1999 Smiths Industries is considering plans to bid for some of the aerospace electronics businesses that have been put up for sale by Lockheed Martin. 30-Sep-1999 Smiths Industries has been appointed as a supplier of power systems to Lockheed Martin, which could lead to orders worth up to £2bn from the US Joint Strike Fighter aircraft programme. 07-Sep-1999 Smiths Industries is cutting 80 of the 1,615 jobs at its Bishop's Cleeve aerospace plant. 06-Aug-1999 Smiths Industries is to acquire Environmental Technologies Group, the US manufacturer of sensors that detect harmful substances, for £9m. 08-Jun-1999 Smiths Industries is considering plans to spend up to £2bn on acquisitions to expand its aerospace and industrial operations. 18-Mar-1999 Smiths Industries is seeking to spend at least £1bn on an aerospace acquisition in the UK or US, as it believes that alliances between aircraft manufacturers will force consolidation among component suppliers. 27-Feb-1999 Smiths Industries is acquiring Stewart Hughes, the supplier of aerospace diagnostic systems, for £8m. 04-Nov-1998 Smiths Industries has acquired Transtector Systems, the US power equipment company, for £21m. 20-Oct-1998 Smiths Industries is acquiring Biochem International, the US monitoring equipment company, for £49m in order to expand its critical and respiratory care activities. 15-Oct-1998 Smiths Industries is discussing the acquisition of Biochem International, the US medical equipment concern, for about $83m. 07-Sep-1998 Smiths Industries has announced a licensing agreement with Sextant Avionique of France that should help it win orders from Airbus for its flight management systems. 19-Mar-1998 Smiths Industries is selling the recently-acquired Graseby's product monitoring and environmental divisions to Thermo Electron of the US for £44m, and will use the proceeds to cut debt. 17-Mar-1998 Smiths Industries could spend up to £1bn on acquisitions over the next few years according to analysts, especially in the avionics sector where there is increasing pressure for consolidation. 10-Feb-1998 Smiths Industries has indicated that it would be interested in acquiring the medical devices business of BOC's Ohmeda healthcare subsidiary. 16-Oct-1997 Smiths Industries has increased its stake in its Japanese medical systems distribution business to 62%. 14-Aug-1997 Smiths Industries is acquiring Graseby, the medical and instrument testing equipment concern, for £136m. 06-Aug-1997 Lucas Aerospace, the LucasVarity division, has bought Smiths Industries' engine controls business for undisclosed terms. 21-Jul-1997 Smiths Industries has acquired Torin Holdings, the small fans and motors company, for £15.5m, and PolyPhaser, the US maker of lightning protection equipment, for £17.5m. 03-Jun-1997 Smiths Industries is in discussions with Sextant Avionique of France to collaborate in the manufacture of aerospace components in a challenge to US companies such as Honeywell. 10-Apr-1997 Smiths Industries has acquired Leland Electronics, the US maker of electrical power generators, for £19m. 24-Oct-1996 Smiths Industries is looking into the possibility of setting up an international alliance in order to benefit from rising world demand for aerospace components. 17-Oct-1996 Smiths Industries is acquiring Air Movement, the ventilation equipment concern, for £47m, and Adaptaflex, the conduits maker, for £21m. 23-Apr-1996 Smiths Industries has bought Level 1 Technologies, the US maker of blood-warming equipment, for $60m. 19-Sep-1995 More from the Engineering sector Related pages: Nomura Dewhirst Marconi Courtaulds Textiles Scapa Smiths Industries website: www.smiths-industries.com The information on this page comes from the UK Activity Report. 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