Private Equity Firm Expands Security Portfolio With Airport Screening Leader
CVC Capital Partners has agreed to acquire Smiths Detection, a leading supplier of airport security screening equipment, in a $2.2 billion deal. The acquisition accelerates Smiths Group’s pivot toward a more focused industrial engineering business. Smiths Detection employs about 3,400 people and serves 47 of the world’s 50 busiest airports with its 3D computed tomography checkpoint scanners. The deal is expected to close in the second half of 2026, pending regulatory approval, as reported by AeroTime.