The Siebe/BTR deal is expected to bring at least £250m in annual cost savings by March 2002.
The biggest savings should come from integrating sales and administrative functions across the world. This could save £90m per year.
A further £70m is expected to be saved from the two groups’ added buying power over sub-suppliers.
More highly automated manufacturing, as well as moving production to lower-cost countries, is expected to save £50m.