SDI Group

Company information

Acquiring growth

SDI Group is an AIM company specialising in the acquisition and development of a portfolio of companies that design and manufacture products for use in digital imaging, sensing and control applications in science, technology and medical markets.

Founded in 2007, SDI has grown through organic and acquisitive growth. In the past six years, the Group has added 11 companies to its portfolio. Mike Creedon, CEO of SDI Group who joined the board in 2010, says that the turnover of the Group has grown from £6.9m in 2015 to £24.4m in 2020.

On how the Group works as a business, Mike says: “Companies choose to join us as we allow the acquired business to run autonomously, retaining its independence, brands and culture, while providing strong financial support and access to specialist resources within the Group.” He adds: “We have a reputation of being honourable and never changing the deal terms, with recent acquisitions being priced at four to six times earnings before interest and taxes.”

Despite the challenges brought about by COVID-19, all the Group’s businesses have continued to operate. “We have seen some slowdown in orders in some parts of the business, but with our diversified offering, these have been offset by strong demand from the Life Sciences and Healthcare sectors,” Mike says.

One example of this is MPB Industries, which designs, manufactures and sells a range of flowmeters and control instrumentation. MPB Industries is a subsidiary of the Group and was part of VentilatorChallengeUK. This project saw a consortium of UK industrial, technology and engineering businesses from across different sectors coming together to produce medical ventilators for the UK, as a reaction to the COVID-19 pandemic.