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Teledyne acquiert l’activité détection de gaz de 3M pour 230 M$

Teledyne acquiert l’activité détection de gaz de 3M pour 230 M$

L’Américain Teledyne Technologies a soumis une offre visant à acquérir l’activité de détection de gaz et de flammes de 3M pour un montant de 230 millions de dollars. Les activités de détection de gaz et de flammes comprennent les sociétés Oldham, Simtronics, Gas Measurement Instruments (GMI), Detcon et certains produits Scott Safety.

Teledyne Technologies has submitted a binding offer for Teledyne to acquire the gas and flame detection business of 3M for $230 million in cash. The gas and flame detection business includes Oldham, Simtronics, Gas Measurement Instruments (GMI), Detcon and select Scott Safety products.

The gas and flame detection business provides a portfolio of fixed and portable industrial gas and flame detection instruments used in a variety of industries including petrochemical, power generation, oil & gas, food & beverage, mining and waste water treatment. The Oldham, Simtronics, GMI and Detcon brands bring together over 100 years of industry experience across a wide range of standard products and customized solutions. These rugged trace gas analyzers feature fast response time, intrinsically-safe sensors and satisfy multiple international certification standards.

The transaction is anticipated to close in the second half of 2019.

Teledyne is a provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems.

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