Danaher Corporation acquired American Precision Industries, a transaction completed in January 1999.
American Precision Industries operates in Motion. American Precision Industries expanded Danaher's Motion platform's product and geographic breadth.
We entered the motion industry through the acquisition of Pacific Scientific Company in 1998, and have subsequently expanded our product and geographic breadth with various additional acquisitions, including American Precision Industries, Kollmorgen Corporation, the motion businesses of Warner Electric Company, and Thomson Industries.Danaher Corporation FY02 10-K, Item 1 Business description
Advisory firms were not disclosed for this transaction.