---
title: "Smiths Group agrees to sell Morpho Detection’s former trace business"
description: "CBRNe World provides those tasked with defending against CBRN and IED threats with the essential practical, scientific and political information. Access the current and previous issues of the magazine by registering as a member."
url: "https://cbrneworld.com/news/subscribers/smiths-group-agrees-to-sell-morpho-detections-former-trace-business"
date: "2026-07-30T21:14:02+00:00"
language: "en-GB"
---

#  Smiths Group agrees to sell Morpho Detection’s former trace business

 Written by CBRNe World Staff on 28 June 2017.

1 Jun 2017
Smiths Group plc (“Smiths Group”) today announces that it has entered into a binding agreement with OSI Systems Inc to sell the explosive trace detection business formerly owned by Morpho Detection (the “Trace Business”) for an enterprise value of $75.5 million.
In connection with its acquisition of Morpho Detection from Safran, Smiths Group had made commitments to the European Commission (“EC”) and the Department of Justice (“DOJ”) to sell the Trace Business. The sale is conditional upon regulatory approval in Portugal and the approval by the EC and DOJ of OSI Systems Inc as a suitable purchaser. Completion is expected in mid-2017.

 [Detection](https://cbrneworld.com/component/tags/tag/detection), [Explosive](https://cbrneworld.com/component/tags/tag/explosive)

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