Xi-Tech Limited (Sens-Tech) has been acquired by discoverIE Group plc
The shareholders of Xi-Tech Limited (Sens-Tech) have sold the company to discoverIE Group plc.
Sens-Tech is a global leader in the development, manufacture and supply of specialist X-ray detection subassemblies and photodetector modules for imaging systems. Its technologies are deployed in industries that tend to be characterized by regulation and stringent operating requirements such as the medical, security and food industries.
discoverIE Group is an international group of businesses that design, manufacture and supply innovative components for electronic applications. This acquisition helps support its continued growth, expanding the Group’s international footprint, and further reinforce the in-house design and engineering capability it is able to bring to bear for its clients.
Oaklins Smith & Williamson, based in the UK, worked with the owner of Sens-Tech to conduct an international search for a strategic partner to support the company’s continuing growth and to strengthen Sens-Tech’s position as a leader in sensor technology.
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Oaklins Evelyn Partners
Oaklins Evelyn Partners
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