Fife sensors plant changes hands in £2m deal
A factory in Auchtermuchty that makes electrochemical sensors has been acquired as part of a £2 million takeover.
Sentek, which has had a presence in Fife for 15 years, was bought by Scientific Digital Imaging (SDI), an Aim-quoted group that targets the life sciences, healthcare, astronomy, and art conservation sectors.
Essex-based Sentek generated revenues of £2.6m in the year to 31 October 2014 and SDI chairman Ken Ford described the acquisition as a “significant milestone” in its growth strategy, “diversifying the existing product range and widening our addressable market”.
Sentek specialises in the manufacture and production of pH, conductivity and other electrochemical sensors, which are made with glass and plastic with the specialist glass blowing completed in-house.
SDI said it would “assist in the growth of Sentek by automating certain aspects of the glass-blowing process and the board has identified additional cross-selling opportunities between its existing distributors and Sentek’s distributors”.