About This Deal

AMETEK acquired Telular Corporation for $525 million (net of cash acquired), a transaction completed in October 2018, structured as All-cash.

Telular Corporation operates in EIG. A provider of communication solutions for logistics management, tank monitoring and security applications, acquired in October 2018 for $525 million net of cash acquired.

The combination of Telular's IoT capabilities and the company's differentiated measurement technology provides additional growth opportunities for its businesses.

EIG

Deal Terms

Acquirer
AMETEK
Target
Telular Corporation
Value
$525 million (net of cash acquired)
Date
October 2018
Type
Full acquisition
Status
Ready

Transaction Details

Segment
EIG
Structure
All-cash
Closed
October 1, 2018

In Their Words

A provider of communication solutions for logistics management, tank monitoring and security applications, acquired in October 2018 for $525 million net of cash acquired.AMETEK FY2018 10-K, Item 1 Business / Acquisitions note

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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