Roper Technologies acquired Roda Deaco Valve, a transaction completed in March 2007, structured as Asset acquisition.
Roda Deaco Valve operates in Energy Systems & Controls, is based in Canada. Roda Deaco Valve is a Canadian developer and manufacturer of air intake cut-off devices used to shut down engines by cutting off their air supply in hazardous environments. Its valves provide emergency overspeed protection for diesel engines operating around combustible gases, such as in oil and gas and industrial settings. Roper acquired the company's assets and added them to its energy controls operations.
Strengthens Roper's Energy Systems & Controls segment with safety-critical engine air intake cut-off products, expanding its offering of protective control devices for hazardous energy and industrial applications.
Advisory firms were not disclosed for this transaction.