Electronics Production |
MTL buys GeCma
MTL Instruments Group PLC, a British electronic instrumentation company, has bought GeCma, a German maker of operator display units for use within hazardous industrial areas.
MTL bought GeCma from Frank Kellershohn for an initial sum of 10 MEUR, with a further 2 MEUR payable depending on future profits. MTL expects the deal to be earnings enhancing in the year to Dec 31 2005.
