M&A Deal Summary

Key Technology Acquires Freshline Machines Pty

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

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

M&A Deal Summary

Date 2005-02-14
Target Freshline Machines Pty
Sector Technology Hardware
Buyer(s) Key Technology
Deal Type Add-on Acquisition

Target

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(S) 1

Buyer

Key Technology

Walla Walla, Washington, United States

Category Company
Founded 1948
Sector Machinery
Employees637
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 STATS #
Overall 1 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Australia M&A 1 of 1
Year: 2005 M&A 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