Renishaw Launches Sale Process

LONDON, March 15, 2021 — Renishaw plc, a developer and manufacturer of position and motion control, measurement, spectroscopy, and manufacturing tools and systems, is for sale. The company’s board has begun the formal sale process after company founders David McMurtry and John Deer said they planned to sell their majority stake in the company. The pair founded Renishaw in 1973. The company additionally markets science technology instruments and equipment for the health care industry and precision metrology applications.

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Published: March 2021

Glossary

metrology: Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...

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Test & Measurementmetrologymetrology and researchprecision measurementprecision metrologyhigh-precision metrologyRenishawRenishaw plcEuropespectroscopyBusinesssalecontrolmedical instrumentationmedical

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