Add-on Acquisition • Technology Hardware

Key Technology Acquires Freshline Machines Pty

On February 14, 2005, Key Technology acquired technology hardware company Freshline Machines Pty

Acquisition Context

This is Key Technology’s 1st transaction in the Technology Hardware sector.
This is Key Technology’s 1st transaction in Australia.

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M&A Deal Summary
Date	February 14, 2005
Target	Freshline Machines Pty
Sector	Technology Hardware
Buyer(s)	Key Technology
Deal Type	Add-on Acquisition

Target Company

Freshline Machines Pty

Seven Hills, Australia

Freshline Machines Pty Ltd. is a designer, developer and manufacturer of stainless steel cut processing machinery.

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Buyer Overview 1

Buyer

Key Technology

Walla Walla, Washington, United States

Category	Company
Founded	1948
Sector	Machinery
Employees	637
Revenue	140M USD (2017)

DESCRIPTION

Key Technology, Inc. is a designer, manufacturer and marketer of process automation systems integrating electro-optical inspection, sorting, and process systems in the United States and internationally. Key Technology was founded in 1948 and is based in Walla Walla, Washington.

Deal Context for Buyer	#
Overall	1 of 2
Sector: Technology Hardware	1 of 1
Type: Add-on Acquisition	1 of 2
Country: Australia	1 of 1
Year: 2005	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2013-02-28	Visys NV Hasselt, Belgium Visys NV, a supplier of innovative digital sorters.	Buy	$21M

DATE

TARGET

DEAL TYPE

VALUE

2013-02-28

Visys NV

Hasselt, Belgium

Visys NV, a supplier of innovative digital sorters.

Buy

$21M

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