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Fairey is acquiring Spectris AG Sensoren und Systeme, the German controls company, for £125m, partly funded by a £55m rights issue.

Fairey is set to acquire Servomex, the industrial instruments company, for £19m.

Fairey has sold its Fairey Hydraulics division to a management buy-out for £55m, thereby ending its links with the aerospace and defence industries and enabling it to focus on electronic controls and process technology.

Beauford has acquired Allied Insulators, the electrical insulator, from Fairey Group for an initial £8m, as Fairey continues to refocus its activities in the ceramics sector.

Fairey has acquired NDC Systems, the gauging equipment company based in California, for £18.1m.

Fairey Group has won control of Burnfield, the maker of measuring instruments, and will now block Burnfield's attempted acquisition of Ling Dynamic Systems.

Fairey Group is acquiring Fusion UV Systems, the US ultraviolet curing systems company, for £81m.

Fairey Group is acquiring Particle Measuring Systems, the US contamination equipment concern, for $75m.