Press release: Sullivan Street acquires Tracerco from Johnson Matthey

Sullivan Street Partners is proud to share that it has acquired Johnson Matthey’s diagnostics solution business, Tracerco. The business provides specialised detection solutions, and operates in 16 countries, using innovative nucleonics and chemical tracing technologies developed in the UK. This £55m deal is the firm’s biggest carve-out to date.

Given our focus on innovation, we look forward to working alongside Tracerco’s team to apply our transformative operational insights to their current strategy, whilst helping them continue to develop their historically innovative business.