Fortive to Acquire EA Elektro-Automatik Holding GmbH
October 24, 2023
Fortive entered into a definitive agreement to acquire EA Elektro-Automatik Holding GmbH, a provider of high-power electronic test and measurement solutions, for $1.45 billion in cash (enterprise value €1,585 million). The acquisition is subject to customary closing conditions and regulatory approvals and was expected to close in early Q1 2024.
- Buyers
- Fortive Corporation
- Targets
- EA Elektro-Automatik Holding GmbH
- Sellers
- Bregal Unternehmerkapital
- Industry
- IT Services
- Location
- Germany
- Transaction Type
- Buyout
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