Add-on Acquisition • Information Technology

Danaher Acquires Gilbarco

On February 21, 2008, Danaher acquired information technology company Gilbarco

Acquisition Context
  • This is Danaher’s 1st transaction in the Information Technology sector.
  • This is Danaher’s 13th transaction in the United States.
  • This is Danaher’s 2nd transaction in North Carolina.

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M&A Deal Summary

Date February 21, 2008
Target Gilbarco
Sector Information Technology
Buyer(s) Danaher
Deal Type Add-on Acquisition

Target Company

Gilbarco

Greensboro, North Carolina, United States
Gilbarco, Inc. (dba Gilbarco Veeder-Root) is a technology provider for retail and commercial fueling operations. They offer the broadest range of integrated solutions from the forecourt to the convenience store and head office.
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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 19 of 43
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 16 of 39
State: North Carolina 2 of 2
Country: United States 13 of 28
Year: 2008 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-15 Tektronix

Beaverton, Oregon, United States

Tektronix for test, measurement and monitoring solutions to solve design challenges, improve productivity and dramatically reduce time to market. Tektronix is a leading supplier of test equipment for engineers focused on electronic design, manufacturing, and advanced technology development. Headquartered in Beaverton, Oregon, Tektronix serves customers worldwide and offers award-winning service and support.

Buy $2.8B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-01 Sea-Bird Electronics

Bellevue, Washington, United States

Sea-Bird Electronics is the developer and manufacturer of precision instruments and platforms for the measurement of salinity, temperature, pressure, dissolved oxygen, and related oceanographic parameters in the marine environment.

Buy -