Danaher Corporation acquired Acme-Cleveland Corporation for approximately $200 million, a transaction completed in July 1996, structured as Cash tender offer.
Acme-Cleveland Corporation operates in Process/Environmental Controls and Tools and Components. Danaher obtained control of Acme-Cleveland Corporation as of July 2, 1996 via a cash tender offer; its operating businesses included Namco Controls, M&M Precision Systems, TxPort, Inc. and Communications Technology Corporation.
Added electronic controls, precision measurement and communications products to Danaher's operating segments.
The Company obtained control of Acme-Cleveland Corporation (Acme) as of July 2, 1996. Total consideration for Acme was approximately $200 million.Danaher Corporation Form 10-K for fiscal year 1996
Advisory firms were not disclosed for this transaction.