UK-based engineering company Morpho Detection has completed its $710m acquisition of French firm Smiths Group, part of the Safran Group, following clearance from the US Department of Justice. The regulator's approval is conditional on the divestment of Smiths Group’s explosive trace detection business after completion.
UK-based engineering company Smiths Group has completed its $710m acquisition of French firm Morpho Detection, part of the Safran Group, following clearance from the US Department of Justice. The regulator's approval is conditional on the divestment of Morpho Detection’s explosive trace detection business after completion.