14 March 2001
Smiths Group has sold its industrial hydraulics business to SPX Corporation of Muskegon, Michigan. SPX operates complementary fluid power businesses world-wide, under the name of SPX Fluid Power.
Smiths Chief Executive, Keith Butler-Wheelhouse, said: Our Industrial activities are now focussed on the fast-growing interconnect sector and air movement products. Industrial hydraulics was not a core activity and it will benefit from joining SPX, a recognised specialist in this field."
The business manufactures hydraulic pumps, valves and power packs for use in rail systems, material handling and industrial markets. Based at Witney, Oxfordshire, it employs 135 people.
ENDS
General media enquiries
Contact our global media and communications team at:
Please note – the press team can only answer enquiries from accredited members of the press.
Related articles
Smiths honoured at the London Stock Exchange
Read our latest company news as Smiths is honoured at the London Stock Exchange.
Find out more
Smiths appoints new independent Non-executive Director
Read our latest company news as the Board of Smiths is pleased to announce the appointment of Laurence Mulliez as an independent Non-executive Director, with effect from 1 September 2026.
Find out more
Smiths Group plc – Q3 trading update
Find out more
