Vontier Corporation to acquire DRB Systems for approximately $970 million

Vontier Corporation entered into a definitive agreement to acquire DRB Systems from New Mountain Capital for approximately $970 million, payable in cash, expected to close in Q3 2021.

“The acquisition will be financed with available cash and proceeds from borrowings under Vontier’s credit facilities.”marketscreener.com

• 1 source
• marketscreener.comVontier Corporation entered into a definitive agreement to acquire DRB Systems, Inc. from affiliates of New Mountain Capital, L.L.C for approximately $970 million. | MarketScreenerS&P Capital IQJul 18, 2021

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