Birketts advises SDI Group plc on £4.9m acquisition of leading scientific manufacturer
17 January 2022
Leading law firm Birketts has advised SDI Group plc (SDI Group) on its acquisition of Scientific Vacuum Systems Ltd (SVS) in a deal estimated at £4.9m.
Supporting businesses around the world, SDI Group designs and manufactures scientific and technology products for use by the life science, healthcare, astronomy, consumer manufacturing and art conservation sectors. Its portfolio of brands help make huge strides in a number of industries, from supporting DNA and protein analysis, to enabling deep-sky astronomy imaging.
SVS has more than 30 years’ experience in developing and manufacturing scientific equipment and specialises in Physical Vapour Deposition systems, applying thin-film coatings for scientific research and to semiconductor wafers. SVS’s industry experience has secured it work with international clients, devising tailored solutions to suit each project’s needs.
Legal Director Nick Burt (Corporate) led the Birketts team, with support from Laura Giblin (Corporate), Charmaine Rolfe (Commercial Property), Rob Kellaway (Employment) and Robbie Watson (Tax).
Speaking after the deal, SDI CEO Mike Creedon said: “We are excited to welcome SVS to the Sensors and Controls division of SDI Group. The team’s knowledge and diligence are exactly what all our brands provide to their customers and believe they will be an excellent fit. Many thanks to Nick and the Birketts team whose excellent service and advice helped deliver another successful acquisition.”
Nick Burt added: “We are delighted to have another opportunity to work with SDI Group and look forward to seeing the next phase of SVS’s journey as part of SDI Group.”
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The content of this article is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this article please contact the author in the first instance. Law covered as at January 2022.