# Trimble to divest four businesses to The Jordan Company

Trimble entered a definitive agreement to sell its Time and Frequency, LOADRITE, Spectra Precision Tools and SECO accessories businesses to Precisional LLC, an affiliate of The Jordan Company, expected to close in Q2 2022.

- Type: Acquisition
- Announced: 2022-04-13
- Status: announced
- Products: time and frequency products, LOADRITE, Spectra Precision Tools, SECO accessories
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Trimble Inc.](https://endata.com/companies/17182.md)
- [The Jordan Company](https://endata.com/companies/1301.md) (acquirer)
- [Precisional LLC](https://endata.com/companies/62272.md) (acquirer)

## Sources

- [news.trimble.com](https://news.trimble.com/2022-04-13-Trimble-to-Divest-Four-Businesses-to-The-Jordan-Company), 2022-04-13: "Trimble announced today that it has entered into a definitive agreement to sell its Time and Frequency, LOADRITE, Spectra Precision Tools and SECO accessories businesses to Precisional LLC, an affiliate of The Jordan Company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.