Teledyne Acquires Micropac Industries

December 30, 2024

Teledyne Technologies Incorporated completed the acquisition of Micropac Industries, Inc. in an all-cash merger, valuing Micropac at approximately $57.3 million. Micropac stockholders received $20.00 per share; Micropac will continue to operate from its Garland, Texas facility as part of Teledyne, expanding Teledyne's capabilities in microelectronic and optoelectronic components for aerospace, defense and medical markets.

Buyers
Teledyne Technologies Incorporated
Targets
Micropac Industries, Inc.
Sellers
Micropac stockholders
Industry
Manufacturing
Location
Texas, United States
Transaction Type
Buyout

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