Add-on Acquisition • Electronics

Danaher Acquires Sea-Bird Electronics

On November 1, 2008, Danaher acquired electronics company Sea-Bird Electronics

Acquisition Context
  • This is Danaher’s 1st transaction in the Electronics sector.
  • This is Danaher’s 14th transaction in the United States.
  • This is Danaher’s 2nd transaction in Washington.

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M&A Deal Summary

Date November 1, 2008
Target Sea-Bird Electronics
Sector Electronics
Buyer(s) Danaher
Deal Type Add-on Acquisition
Advisor(s) Zachary Scott Investment Bankers (Financial)

Target Company

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.
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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 20 of 43
Sector: Electronics 1 of 1
Type: Add-on Acquisition 17 of 39
State: Washington 2 of 2
Country: United States 14 of 28
Year: 2008 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-21 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-02 AB Sciex

Framingham, Massachusetts, United States

SCIEX is a producer of capillary electrophoresis and liquid chromatography-mass spectrometers to aid in basic research, drug discovery and development, food and environmental testing, forensics and clinical research. SCIEX is based in Framingham, Massachusetts.

Buy $1.1B