LONDON - Smiths Group plc ("Smiths Group" or the "Company") announced that it has agreed to acquire Seebach GmbH, a provider of highly-engineered filtration solutions, from Avedon Capital Partners for an enterprise value of €60m, to integrate into its John Crane division.

The acquisition underlines John Crane’s commitment to accelerate growth in its specialised filtration business, and reflects management’s confidence for the business’ future prospects.

ABERDEEN, Scotland ― John Crane Asset Management Solutions has secured a major contract win in the United States which will see the company supply condition-based maintenance (CBM) services to a major oil refinery.

The contract will see John Crane Asset Management Solutions personnel deployed to a major Texas refinery from the company’s operational offices in Aberdeen and Pasadena, Texas.