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Smiths Detection Announces Acquisition of Med Graphix Inc.

Smiths Detection Announces Acquisition of Med Graphix Inc.

Business Wire4 hours ago
EDGEWOOD, Md.--(BUSINESS WIRE)--Smiths Detection today announces its acquisition of New Jersey-based Med Graphix Inc. ('MGI'), enhancing the company's sustainable service offering by extending the lifecycle of critical components through repair, refurbishment, and reuse.
MGI has been a long-standing service partner and third-party depot supplier for Smiths Detection. This deal marks a significant milestone in a partnership that has spanned more than two decades. MGI has been a trusted supplier of component-level repair, refurbishment, harvesting, and decommissioning services for Smiths Detection equipment. Their technical expertise and extensive experience have played a vital role in service delivery, inventory optimization, and cost reduction for several key Smiths Detection customers.
Integration planning began in March 2025 and will continue through the end of the year to ensure a seamless transition for both customers and employees. Effective 1 August 2025, MGI will be a fully integrated part of the Smiths Detection family.
Jerome de Chassey, President of Smiths Detection, said: 'This acquisition reinforces our commitment to service excellence and operational resilience. Bringing MGI in-house allows us to leverage their expertise while strengthening our global service infrastructure. It's a natural evolution of our long-standing partnership.'
With this strategic investment, Smiths Detection further enhances its ability to deliver critical services and support to make the world a safer place.
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Cotality: Slower Home Price Growth Could Open Doors for More Buyers
Cotality: Slower Home Price Growth Could Open Doors for More Buyers

Business Wire

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  • Business Wire

Cotality: Slower Home Price Growth Could Open Doors for More Buyers

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Vanta Partners with XBOW to Deliver Autonomous Penetration Testing to Startups
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Business Wire

time9 minutes ago

  • Business Wire

Vanta Partners with XBOW to Deliver Autonomous Penetration Testing to Startups

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Beaulieu International Group and Digimarc Demonstrate Digital Watermarks as a Scalable Solution for Digital Product Passports in the Flooring Industry

Business Wire

time9 minutes ago

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Beaulieu International Group and Digimarc Demonstrate Digital Watermarks as a Scalable Solution for Digital Product Passports in the Flooring Industry

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'Our next step is to continue collaborating with the VinylPlus consortium to drive momentum for digital watermarks as the data carrier of choice to deliver CPR-mandated construction Digital Product Passports (DPP) for the flooring industry,' concluded McCormack. Learn more about Digimarc's digital watermarks. About Beaulieu International Group (B.I.G.) As a global family business, we develop and co-create—in an innovative, entrepreneurial and sustainable way—flooring and material solutions to enhance the quality of living and working for every generation. Headquartered in Belgium, B.I.G. employs over 4,500 people worldwide in 19 countries throughout Eurasia, America, and Oceania and serves customers in 150 countries. In 2024, B.I.G. reported sales of €2 billion. At B.I.G., we work purposefully to build a sustainable future. 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