Smiths Group plc history, company profile (overview) and history video
Smiths Group plc is a multinational, diversified engineering company headquartered in London, England, the United Kingdom.
OPERATIONS
The company operates through the following business sectors:
- John Crane – designs and manufactures sensors;
- Smiths Detection – provides products and services for the process industries;
- Smiths Interconnect – designs and manufactures electronic components, subsystems, microwave and radio frequency products;
- Flex-Tek – components that heat and move fluids and gases.
HISTORY
Smiths Group was established in 1851, by Samuel Smith, as a jewellery shop.
In 1914, the company was listed on the London Stock Exchange (LSE).
In 1960, the company was organized as Smiths Industries Ltd.
In 1984, Smiths Industries was reorganized into three separate divisions: Industrial, Medical Systems, and Aerospace and Defence.
In November 2000, the company changed its name to Smiths Group plc.
In December 2000, Smiths merged with TI Group. The company held interests in aerospace, industrial seals, and automotive parts.
In 2001, Smiths Group established TI Automotive, transferring its automotive business into a separate corporate entity.
In 2002, Smiths Group established Smiths Detection, a fourth division that specialized in producing sensors and other equipment for the detection of weapons, explosives, contraband, and various hazardous substances.
In 2007, the company sold its business Smiths Aerospace to General Electric.
In 2011, Smiths Group acquired the power technology company, Power Holdings Inc.
In 2022, Smiths sold its medical division to ICU Medical.
With more than 14.000 employees, Smiths Group plc is considered one of the Largest Public Companies in the World, according to Forbes.
*Information from Forbes.com, Wikipedia.org, and www.smiths.com.
**Video published on YouTube by “Smiths Detection“