PT World
Kylie Bielby
15 Dec 2025
Smiths Group has agreed to the proposed sale of Smiths Detection to funds advised by CVC Capital Partners. The proposed transaction values Smiths Detection at an enterprise value of £2.0bn (US$2.6bn).
The transaction is subject to customary regulatory approvals and is expected to close in the second half of 2026. Barclays acted as financial advisor and Latham & Watkins acted as legal counsel to CVC.
Smiths Group announces sale of Smiths Detection - Passenger Terminal Today - 15 Dec 2025
