Danaher Corporation acquired Thomson Industries for approximately $147 million in cash including transaction costs, a transaction completed in October 2002, structured as All-cash.
Thomson Industries operates in Motion. Thomson was the leading U.S. producer of linear-motion control products, including linear actuators, ball screws, linear bearings, guide rails and precision gearboxes used in medical, industrial, aerospace and mobile off-highway equipment. Danaher closed the acquisition in October 2002 for approximately $147 million in cash, plus $15 million payable over the following six years and up to $60 million of additional performance-based consideration tied to results through the end of 2005.
Expanded the product and geographic breadth of Danaher's Motion platform.
We have subsequently expanded our product and geographic breadth with various additional acquisitions, including ... and Thomson Industries, which was acquired in October 2002.Danaher Corporation FY02 10-K, Item 1 Business description
Advisory firms were not disclosed for this transaction.