Fortive to acquire EA Elektro-Automatik for $1.45 billion

Fortive Corporation has entered into a definitive agreement to acquire EA Elektro-Automatik Holding GmbH, a supplier of high-power electronic test solutions, for $1.45 billion in cash, net of tax benefits.

“Fortive Corporation announced today that it has entered into a definitive agreement to acquire EA Elektro-Automatik Holding GmbH (EA), a leading supplier of high-power electronic test solutions for energy storage, mobility, hydrogen, and renewable energy applications, for $1.45 billion in cash.”investors.fortive.com

• 2 sources
• investors.fortive.comFortive to Acquire EA Elektro-Automatik, an Industry-leading Provider of Electronic Test & Measurement Solutions :: Fortive Corporation (FTV)Oct 23, 2023
• fyb.deBregal sells EA Electro-Automatic to Fortive Corporation for €1.585 million. - FYB Financial YearbookTatjana AndererNov 1, 2023

Summarized from public sources; check the original articles before acting on it.