Danaher Acquires Raytec

Everett, WA- Danaher plans to acquire Raytek, a maker of non-contact infrared thermometers for industrial, maintenance and quality control applications. In 2001, Raytek recorded revenues of more than $50 million. Raytek will join Danaher’s Electronic Test and Measurement platform, which includes Fluke. Currently, Fluke sells infrared products manufactured by Raytek. Fluke will keep the Raytek [...]

Roper Buys Three Companies

Bogart, GA-Roper Industries has acquired three businesses with total sales of $60 million for approximately $63 million. It acquired UK-based Ai Cambridge Ltd, known as Ai Qualitek, which manufactures and sells leak detection equipment and systems for the pharmaceutical, food, medical, packageing and automotive industries. Roper expects the company to post sales of $9 million [...]

Panametrics Acquired by GE Power

Atlanta, GA 7/24/02-GE Power Systems has acquired Panametrics, which will be renamed GE Panametrics and become part of GE’s Energy Management Services business. Panametrics develops and sells specialized sensors and instrumentation for nondestructive testing, solar radiation detection and process measurement instrumentation, including chemical and gas sensors, charged particle detectors and process control instrumentation. GE Power [...]

Philips Analytical Becomes Part of Spectris

– Surrey, UK and Amsterdam, The Netherlands-Royal Philips Electronics has agreed to sell its Philips Analytical x-ray analytical business to precision instrument company Spectris plc for 150 million ($151.8 million = 0.99= $1) in cash. Philips Analytical makes and sells x-ray diffraction (XRD) and x-ray fluorescence (XRF)systems. In 2001, Philips posted 159 million in revenues, [...]

ThermoNoran Acquires NeXray, LLC.

Middleton, WI and Waltham,- Thermo Electron’s Thermo NORAN business has acquired NeXray, LLC. NeXray, which was a wholly-owned subsidiary of Veeco Instruments, supplies microbeam x-ray fluorescence (XRF) metrology instruments for measuring filmthickness and composition of metal layers and other structures. “The NeXray XR product line complements our line of analytical XRF systems with an optically [...]

SPX Valves and Controls Acquires Daniel Valve Company

Charlotte, NC – SPX Corporation’s Valves and Controls business acquired Daniel Valve Company from Emerson Electric. Based in Houston, Texas, Daniel Valve Company manufactures, markets and services specialty valves and control solutions for crude oil and liquid petroleum product pipeline transmission, storage and distribution applications. Daniel Valve has annual revenues of approximately $40 million. SPX [...]

L-3 Communications Purchases PerkinElmer Detection Systems

Boston, MA, New York, NY and Hawthorne, CA – L-3 Communications has purchased PerkinElmer’s Detection Systems business for approximately $100 Million. The Detection Systems business primarily consists of security systems for the x-ray screening of cargo, baggage and parcels. L-3 Communications makes a computer tomography (CT) explosive detection system for baggage screening. With the expanded [...]

PerkinElmer Sells IRAS

Boston, MA and Paoli, PA – PerkinElmer has sold its Instruments for Research and Applied Science (IRAS) product line to AMETEK and its Voltarc Technologies business to Innovative Technologies Group for a total of approximately $85 million. AMETEK stated that it paid approximately $63 million in cash for IRAS, which manufactures and markets nuclear spectroscopy [...]

Zygo Corporation Sells Its Automation Systems Group

Middlefield, CT – Zygo Corporation sold its Automations Systems Group to Brooks Automation, Inc. of Chelmsford, Massachusetts for $11 million cash. While the final price is subject to adjustment, Brooks Automation has assumed all assets as well as liabilities of the business. Located in Longmont, Colorado, the Automation Systems Group is a leading manufacturer of [...]

Danaher Acquires Viridor

Washington, DC and Devon, England – Danaher has agreed to acquire Viridor Instrumentation from Pennon Group plc for approximately $135 million. Viridor’s four businesses, Ele International, GLI International, Hydrolab and Orbisphere, manufacture lab and process instruments for water analysis. Danaher estimates Viridor’s revenues at approximately $75 million. Viridor will join the Water Quality Group of [...]

SDi 2019 Global Market Assessment Report

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