TELEDYNE TECHNOLOGIES INC acquired ChartWorld International Limited for $53.5 million, structured as Cash, net of cash acquired.
ChartWorld International Limited operates in Digital Imaging. Teledyne acquired ChartWorld International Limited and affiliates during the first quarter of 2023. Headquartered in Cyprus, with additional locations in Germany, Singapore, Canada and Japan, ChartWorld is a provider of digital marine navigation hardware and software delivered through a subscription-based model.
Adds subscription-based digital marine navigation hardware and software to the Digital Imaging segment.
During the first quarter of 2023, the Company acquired ChartWorld International Limited and affiliates ("ChartWorld") for approximately $53.5 million in cash, net of cash acquired, and subject to certain adjustments.Teledyne Technologies FY2023 Form 10-K, Note 3. Business Acquisitions
Advisory firms were not disclosed for this transaction.