TELEDYNE TECHNOLOGIES INC acquired Adimec Holding B.V. for $88.7 million, structured as Cash, net of cash acquired.
Adimec Holding B.V. operates in Digital Imaging. Teledyne acquired Adimec Holding B.V. and its subsidiaries during the second quarter of 2024. Founded in 1992 and headquartered in Eindhoven, Netherlands, Adimec develops customized high-performance industrial and scientific cameras.
Adds high-performance industrial and scientific camera capability to the Digital Imaging segment.
During the second quarter of 2024, the Company acquired Adimec Holding B.V. and its subsidiaries ("Adimec") for approximately $88.7 million in cash, net of cash acquired, and subject to certain adjustments.Teledyne Technologies FY2024 Form 10-K, Note 3. Business Acquisitions
Advisory firms were not disclosed for this transaction.