SDI acquires Graticules Division of Pyser Optics
As of 12th of February 2019, the Graticules Division of Pyser Optics Limited has been purchased by SDI Group plc (formerly Scientific Digital Imaging plc) in a multi-million-pound deal. This deal represents a further strengthening of SDI’s portfolio of scientific companies and provides Graticules with a solid platform for future development. The new Company will be known as Graticules Optics Limited.
Ken Ford, Chairman of SDI said: "The acquisition of Graticules will be another step in our Group's growth strategy and is a complementary fit providing new areas targeted for growth. The Acquisition is in line with our previously announced strategy of organic and acquisitive growth and is expected to be earnings enhancing in its first full year of ownership. The pipeline of potential acquisitions also remains strong. We welcome the Graticules team to the Group."
Neil Blackford, Director of Graticules Optics Limited said "With the new backing of SDI we expect the growth trend experienced over the last 5 years to continue, and new investment will further advance our capability and potential. We are looking forward to this new chapter in the Graticules story. The whole team has transferred to the new company, so continuity is guaranteed."
Graticules Optics is a manufacturer of precision reticle, aperture, grating and micropattern products on glass, ceramics, film and in metal foils with over 75 years’ experience in scientific, metrology, microscopy, instrumentation, military and space applications. A huge portfolio of standard products is complimented by custom solutions to suit OEM requirements, and small optical assembly.