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Smiths Group to sell baggage-screening unit to CVC for $2.65 billion
Reutersยท 2025-12-03 07:37
Core Viewpoint - Smiths Group announced the sale of its Smiths Detection unit to CVC Capital for 2 billion pounds ($2.65 billion), which includes debt [1] Group 1: Company Overview - Smiths Detection is recognized for its baggage-screening equipment used in airports and explosive detection systems [1] Group 2: Financial Details - The sale transaction is valued at 2 billion pounds, equivalent to approximately $2.65 billion, inclusive of debt [1]