# 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.

- Type: Acquisition
- Announced: 2023-10-23
- Where: Viersen, Germany
- Value: $1.45B
- Status: announced
- Products: high-power electronic test solutions, test and measurement equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Fortive](https://endata.com/companies/2932.md) (acquirer)
- [Bregal Unternehmerkapital](https://endata.com/companies/25266.md) (investor)
- [EA Elektro-Automatik](https://endata.com/companies/43896.md) (target)

## Sources

- [investors.fortive.com](https://investors.fortive.com/news-events/press-releases/detail/20/fortive-to-acquire-ea-elektro-automatik-an-industry-leading-provider-of-electronic-test-measurement-solutions), 2023-10-23: "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."
- [fyb.de](https://www.fyb.de/en/bregal-sells-ea-electro-automatic-to-fortive-corporation-for-e1-585-million/), 2023-11-01: "Bregal Unternehmerkapital today announced the sale of EA Elektro-Automatik to US-based Fortive Corporation for an enterprise value of €1,585 million."

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