Danaher Corporation acquired Warner Electric (motion businesses) for approximately $147 million, a transaction completed in January 2000. The deal was a Asset purchase.
Warner Electric (motion businesses) operates in Motion. Danaher acquired the motion businesses of Warner Electric Company to broaden its precision-motion product and geographic breadth.
We entered the motion industry through the acquisition of Pacific Scientific Company in 1998, and have subsequently expanded our product and geographic breadth with various additional acquisitions, including American Precision Industries, Kollmorgen Corporation, the motion businesses of Warner Electric Company, and Thomson Industries.Danaher Corporation FY02 10-K, Item 1 Business description
Advisory firms were not disclosed for this transaction.