KKR has completed the £4.7 billion acquisition of Spectris plc.

The deal was agreed in the summer following a bidding war between US private equity companies KKR and Advent.

It has now completed after the court-sanctioned scheme of arrangement was delivered to the Registrar of Companies today. Trading of Spectris shares on the London Stock Exchange’s main market has therefore been suspended.

Spectris CEO Andrew Heath will retire at the end of the year, with Andrew Williams set to take over as interim CEO.