Teledyne Acquires Additional Gas Monitoring Instruments
October 16, 2018
THOUSAND OAKS, Calif.–(BUSINESS WIRE)–Teledyne Technologies Incorporated (NYSE:TDY) announced today that its
subsidiary, Teledyne Instruments, Inc., has acquired assets of Falcon
Analytical Systems & Technologies, LLC. Based in Lewisburg, West
Virginia, Falcon Analytical manufactures compact, rugged gas
chromatographs (GC) for industrial process control, industrial
laboratory and transportable GC applications. Terms of the transaction
were not disclosed.
Falcon Analytical’s patented CALIDUS ultrafast gas chromatograph is a
durable, user-friendly system with installations in 25 countries.
Teledyne intends to relocate and consolidate manufacturing into its
existing Teledyne Monitor Labs facility in Englewood, Colorado.
Seabrook Partners LLC acted as financial adviser to Falcon Analytical.
About Teledyne Technologies
Teledyne Technologies is a leading provider of sophisticated
instrumentation, digital imaging products and software, aerospace and
defense electronics, and engineered systems. Teledyne Technologies’
operations are primarily located in the United States, Canada, the
United Kingdom, and Western and Northern Europe. For more information,
visit Teledyne Technologies’ website at www.teledyne.com.
Forward-Looking Statements Cautionary Notice
This press release contains forward-looking statements, as defined in
the Private Securities Litigation Reform Act of 1995, relating to an
acquisition. Actual results could differ materially from these
forward-looking statements. Many factors, including the ability of
Teledyne and Falcon Analytical to achieve anticipated synergies, as well
as market and economic conditions beyond either company’s control, could
change anticipated results.
Contacts
Teledyne
Jason VanWees
(805) 373-4542