Add-on Acquisition • Electrical Equipment

Halma Acquires Ocean Optics

On May 29, 2004, Halma acquired electrical equipment company Ocean Optics for 25M USD

Acquisition Context
  • This is Halma’s 2nd transaction in the Electrical Equipment sector.
  • This is Halma’s 11th largest (disclosed) transaction.
  • This is Halma’s 4th transaction in the United States.
  • This is Halma’s 1st transaction in Florida.

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M&A Deal Summary

Date May 29, 2004
Target Ocean Optics
Sector Electrical Equipment
Buyer(s) Halma
Deal Type Add-on Acquisition
Deal Value 25M USD

Target Company

Ocean Optics

Dunedin, Florida, United States
Ocean Optics, Inc. is a provider of optical sensing systems that determine the colour, brightness and chemical properties of a sample by measuring its interaction with light.
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Buyer Overview 1

Buyer

Halma

Amersham, United Kingdom

Category Company
Founded 1894
Sector Safety/Security
Employees9,000
Revenue 2.2B GBP (2025)
DESCRIPTION

Halma is a group of technology companies that makes products for hazard detection and life protection. Halma was founded in 1894 and is based in Amersham, United Kingdom.


Deal Context for Buyer #
Overall 17 of 57
Sector: Electrical Equipment 2 of 5
Type: Add-on Acquisition 16 of 52
State: Florida 1 of 1
Country: United States 4 of 19
Year: 2004 2 of 2
Size (of disclosed) 11 of 30
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-14 Diba Industries

Danbury, Connecticut, United States

Diba Industries, Inc. is a provider of specialty components, tubing assemblies and complete fluid transfer subassemblies for the medical, life science and scientific instrument industries.

Buy $14M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-19 Netherlocks Safety Systems B.V.

Alphen aan den Rijn, Netherlands

Netherlocks Safety Systems B.V. is a manufacturer of industrial valve safety solutions such as valve interlocks, valve position indicators, partial stroke testing devices and portable valve actuators.

Buy €3M