Acquisition of Thomas Industries Completed

05.07.2005 -

Gardner Denver, Inc. reported that it has completed its previously announced acquisition of Thomas Industries Inc. (“Thomas”). Total cash consideration for the outstanding shares and share equivalents of Thomas amounted to $734.2 million. The net transaction value, including the assumption of $8.7 million of long term debt and net of $262.8 million of cash acquired, was approximately $480.1 million.