Fortive Corporation Acquires EA Elektro-Automatik from Bregal Unternehmerkapital

October 24, 2023

Fortive Corporation has agreed to acquire EA Elektro-Automatik Holding GmbH from private equity owner Bregal Unternehmerkapital for an enterprise value of €1,585 million (reported as $1.45 billion net of tax benefits). The acquisition strengthens Fortive's Precision Technologies portfolio (complementing Tektronix) by adding high-power electronic test & measurement capabilities serving e-mobility, energy storage, renewable energy and hydrogen markets; the deal closed in early 2024 after customary approvals.

Buyers
Fortive Corporation
Targets
EA Elektro-Automatik Holding GmbH
Sellers
Bregal Unternehmerkapital
Industry
Manufacturing
Location
North Rhine-Westphalia, Germany
Transaction Type
Buyout

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