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Signature(s)

Amount
€ 93,327,111.53
Countries
Sector(s)
Sweden : € 933,271.12
Germany : € 21,465,235.65
The Netherlands : € 21,465,235.65
Denmark : € 24,265,049
United Kingdom : € 25,198,320.11
Industry : € 93,327,111.53
Signature date(s)
15/07/2013 : € 933,271.12
15/07/2013 : € 21,465,235.65
15/07/2013 : € 21,465,235.65
15/07/2013 : € 24,265,049
15/07/2013 : € 25,198,320.11
Link to source
Data sheet

Summary sheet

Release date
7 November 2012
Status
Reference
Signed | 15/07/2013
20120350
Project name
Promoter - financial intermediary
SPECTRIS R&D II
SPECTRIS PLC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 99 million (GBP 80 million)
EUR 211 million (GBP 170 million)
Description
Objectives

Further financing of R&D in the field of precision instrumentation and controls.

The project concerns investments for research and product development in the field of precision instrumentation and controls. The R&D will be covering the segments of (i) Test and Measurement, that covers equipment and software for product design optimisation, principally to the aerospace, automotive and consumer electronics industries, and for environmental monitoring; (ii) Materials Analysis, including a wide range of analytical instrumentation to the metals and mining, pharmaceutical and life sciences, and electronics industries and also to academic and research institutions; (iii) In-Line instrumentation, where the focus is on process analytical solutions, asset monitoring and on-line controls for both primary processing and the converting industries.

Environmental aspects
Procurement

The project concerns primarily investments in research and development that are expected to be carried out in existing facilities already authorised and would therefore not require an Environmental Impact Assessment (EIA) under Annex II of the Directive 2011/92/EU. The project might however also include capital expenditures related to the R&D activities. Whether these investments fall under Annex II of the EIA Directive, along with any other environmental issues, will be clarified during the project’s appraisal.

The promoter is a private sector company operating in the manufacturing sector not covered by EU Directives on procurement.

Link to source
Summary sheet
Other links

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - SPECTRIS R&D II
Publication Date
2 Feb 2014
Document language
Main Topic
Lending
Document Number
46605276
Document Focus
Environmental Information
Project Number
20120350
Sector(s)
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - SPECTRIS R&D II
Publication Date
9 Oct 2017
Document language
Main Topic
Lending
Document Number
71807824
Document Focus
Environmental Information
Project Number
20120350
Sector(s)
Publicly available
Download now
Other links
Summary sheet
Data sheet

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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