Smiths Group enters agreement to sell Smiths Detection to CVC Capital Partners funds
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Background ✨
Smiths Group announced in May-2025 that it was progressing with the separation processes for both Smiths Interconnect and Smiths Detection, with the sale of Smiths Interconnect targeted for announcement by the end of FY2025 and the separation of Smiths Detection to follow, either by UK demerger or sale1 2. Smiths Detection delivered strong double-digit organic revenue growth in Q3FY2025, driven by increased installation activity in aviation1.