Roper Industries Acquires Dynisco

19.12.2006

Roper Industries announced that it has acquired Dynisco LLC from Audax Group for $243 million.

Headquartered in Franklin, Massachusetts with facilities in the United States, Germany and a new facility in Malaysia, Dynisco is a leading global supplier of software and highly engineered test, measurement and control technologies utilized in process industries with emerging applications in life science.

The company serves a diverse group of customers throughout the world, including OEM's, distributors and end users. Dynisco has an installed base of more than three million sensors and 14,000 analytical instruments. Among Dynisco brands are Alpha Technologies and Viatran.

Dynisco will become part of Roper's Energy Systems & Controls segment, and will work closely with other segments on sensor technology development and applications. Larry Klumpp, President of Dynisco, and his management team will continue to lead the business.

Despite the dilution created in December from the required inventory step-up for Dynisco purchase accounting, Roper expects to report net earnings per share in line with previous guidance. The Company's earnings per share guidance, which excludes the dilutive effect from the Company's convertible notes, is $0.57-$0.61 per share for the fourth quarter and $2.11-$2.15 per share for the full year. For 2007, the acquisition will be immediately accretive to both earnings and cash flow.

More articles on this topic

Manfred Stern Now CEO of Yaskawa Europe GmbH

11.06.2015 -

Yaskawa Europe GmbH has restructured its management board. Manfred Stern, who was in charge of the Yaskawa Group’s European business operations until April as Chief Operations Officer (COO) & President, has been appointed to the position of Chief Executive Officer (CEO).

Read more
Directly to the product selection in

PumpSelector

LATEST NEWS

  • Events

    « November 2020 » loading...
    M T W T F S S
    26
    27
    28
    29
    30
    31
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
    11
    12
    13
    14
    15
    16
    17
    18
    19
    20
    21
    22
    23
    24
    25
    26
    27
    28
    29
    30
    1
    2
    3
    4
    5
    6
  • JOB MARKET