Overview

• Spectris’s board has accepted Advent’s £3.8bn takeover bid, reflecting robust demand for its precision instrumentation business.
• Advent’s offer of £37.63 per share values Spectris at about £4.4bn including debts.
• KKR first approached Spectris on June 2 and is now conducting advanced due diligence and arranging financing.
• The private equity firm has held constructive talks with the Spectris board as it finalises its decision.
• Spectris employs around 7,400 staff across 30 countries and expects the deal to close by Q1 2026.