Halma’s CenTrak acquisition to boost earnings, says Investec

LONDON (ShareCast) – (ShareCast News) – Halma(LSE: HLMA.L – news) ‘s shares climbed on Friday as Investec (LSE: INVP.L – news) said its acquisition of CenTrak will add to revenue and profit growth in 2016.The healthcare devices maker is paying $140m (£96.3m) for CenTrak, a Pennsylvania-based maker of sensors, from private shareholders.
“CenTrak bears the hallmarks of a Halma acquisition: the application of IP in a market with strong regulatory drivers,