TELEDYNE TECHNOLOGIES INC acquired Valeport Holdings 2019 Limited for $35.0 million, structured as Cash, net of cash acquired.
Valeport Holdings 2019 Limited operates in Instrumentation. Teledyne acquired Valeport Holdings 2019 Limited and its affiliates during the second quarter of 2024. Founded in 1969 and headquartered in Totnes, United Kingdom, Valeport designs and manufactures underwater sensors for environmental, energy, construction and defense applications.
Strengthens the Marine Instrumentation product line within the Instrumentation segment with underwater sensor technology.
During the second quarter of 2024, the Company acquired Valeport Holdings 2019 Limited and its affiliates ("Valeport") for approximately $35.0 million in cash, net of cash acquired, subject to certain adjustments.Teledyne Technologies FY2024 Form 10-K, Note 3. Business Acquisitions
Advisory firms were not disclosed for this transaction.