Danaher Corporation acquired Kollmorgen Corporation for approximately $325 million ($23.00 per share cash), a transaction completed in January 2000, structured as All-cash.
Kollmorgen Corporation operates in Motion. Kollmorgen Corporation expanded Danaher's Motion platform with motors, drives and electro-optical/aerospace subsystems, marketed under the Kollmorgen Electro-Optical brand among others.
Expanded Danaher's Motion platform and contributed aerospace and defense product lines such as electro-optical systems.
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.