Ace detective

Article Abstract:

City Technology Holdings ranks first in the world market for electronic gas sensors. The company produces customized designs in collaboration with instrument makers. New products such as equipment for testing car exhaust fumes should help boost demand for City Technology's products. The company's medical sensors are being tested and could be marketed from 1997. The company benefits from high operating margins since reliability is the key issue rather than price. City's profit is forecast at 8.4 million pounds sterling for 1998.

Process control instruments, Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables, General Process Sensors, Sensors, City Technology Holdings

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French buyer for AEG units

Article Abstract:

Alcatel Alsthom will buy most of Daimler-Benz' AEG units. AEG's power distribution and transmission units have formed part of GEC Alsthom from Jan 1 1996. The industrial controls units have been acquired by Cegelec which is an Alcatel partnership with Daimler-Benz. The AEG units that have been disposed of represent a turnover of some 3.5 billion German marks from AEG's 10 billion marks total turnover in 1994. The amounts the units were sold for have not been revealed.

Electric Distribution Equipment, Power, Distribution, and Specialty Transformer Manufacturing, Electric Power Transmission Equip, Mergers, acquisitions and divestments, Engineering services, Engineering firms, Compagnie Financiere Alcatel, Electric power transmission equipment, AEG AG

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Dewhurst: going up

Article Abstract:

Dewhurst is a UK manufacturer of controls equipment which has a strong record of good performance in terms of dividends and profits. The company should benefit from the privatization of the UK railroad network, and railroads account for some 15% of its turnover. Elevator equipment accounts for 60% of the company's sales, and Dewhurst is seeking to boost exports. UK sales are likely to be affected by restrictions on spending for local government.

Dewhurst PLC

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