Add-on Acquisition • Healthcare Services

Danaher Acquires Danrad Holding ApS.

On January 21, 2004, Danaher acquired healthcare services company Danrad Holding ApS.

Acquisition Context
  • This is Danaher’s 1st transaction in the Healthcare Services sector.
  • This is Danaher’s 1st transaction in Denmark.

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M&A Deal Summary

Date January 21, 2004
Target Danrad Holding ApS.
Sector Healthcare Services
Buyer(s) Danaher
Deal Type Add-on Acquisition

Target Company

Danrad Holding ApS.

Bronshoj, Denmark
Danrad Holding ApS. is a manufacturer of blood gas testing equipment.
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Buyer Overview 1

Buyer

Danaher

Washington, District of Columbia, United States

Category Company
Founded 1969
Sector Diversified
Employees61,000
Revenue 23.9B USD (2024)
DESCRIPTION

Danaher designs, manufactures and markets professional, medical, industrial and commercial products and services. Danaher's research and development, manufacturing, sales, distribution, service and administrative facilities are located in more than 50 countries. Danaher's business consists of five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental; and Industrial Technologies. Danaher was incorporated in 1969 and is based in Washington, District of Columbia.


Deal Context for Buyer #
Overall 7 of 43
Sector: Healthcare Services 1 of 3
Type: Add-on Acquisition 6 of 39
Country: Denmark 1 of 1
Year: 2004 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-01 Fluke

Everett, Washington, United States

Fluke Corporation a professional electronic test tools. Fluke customers are technicians, engineers, electricians, and metrologists who install, troubleshoot and manage industrial, electrical and electronic equipment and calibration processes.

Buy $625M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-10 Harris Corp - Telecom Tools & Test Systems Product Line

Camarillo, California, United States

Harris Corp - Telecom Tools & Test Systems Product Line provides products for telecommunications maintenance and installation professionals. Located in Camarillo, California, the business employs approximately 100 people.

Buy $50M