M&A Deal Summary

Teledyne Instruments Acquires Ocean Design

On August 1, 2006, Teledyne Instruments acquired electrical equipment company Ocean Design for 30M USD

Acquisition Highlights
  • This is Teledyne Instruments’ 1st transaction in the Electrical Equipment sector.
  • This is Teledyne Instruments’ largest (disclosed) transaction.
  • This is Teledyne Instruments’ 1st transaction in the United States.
  • This is Teledyne Instruments’ 1st transaction in Florida.

M&A Deal Summary

Date 2006-08-01
Target Ocean Design
Sector Electrical Equipment
Buyer(s) Teledyne Instruments
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

Ocean Design

Daytona Beach, Florida, United States
Ocean Design, Inc. is a manufacturer of subsea, wet-mateable electrical and fiber-optic interconnect systems used in offshore oil and gas production, oceanographic research, and military applications.

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Buyer(S) 1

Buyer

Teledyne Instruments

City of Industry, California, United States

Category Company
Founded 2001
Sector Electronics
DESCRIPTION

Teledyne Instruments, Inc. provides innovative measurement devices to monitor critical manufacturing processes, improve productivity, facilitate energy exploration and protect the environment.


DEAL STATS #
Overall 1 of 9
Sector (Electrical Equipment) 1 of 4
Type (Add-on Acquisition) 1 of 9
State (Florida) 1 of 1
Country (United States) 1 of 9
Year (2006) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-09 D.G. O Brien

Seabrook, New Hampshire, United States

D.G. O'Brien, Inc. is a manufacturer of highly reliable electrical and fiber optic interconnect systems, primarily for subsea military and offshore oil and gas applications.

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