Los Angeles, CA July 23, 2003 Teledyne Technologies says it has acquired Tekmar-Dohrmann, a wholly owned subsidiary of Emerson Electric, for US$13.5 million.
Tekmar-Dohrmann manufactures gas chromatography introduction systems and automated total organic carbon analyzers. Located in Mason, Ohio, the company will become a business unit of Teledyne Instruments, a group of electronic instrumentation businesses within Teledyne’s Electronic and Communications business segment. Tekmar’s product lines include a portfolio of front-end instruments that handle the sample preparation and treatment of volatile organic compounds analyzed in gas chromatographs. It also provides analytical systems for laboratory and industrial testing of total organic carbons.
“Tekmar’s products expand Teledyne’s existing offerings in environmental monitoring and provide entry into the laboratory water quality testing market,” says Robert Mehrabian, chairman, president and chief executive officer of Teledyne Technologies. “This is our third acquisition in the environmental instrumentation area in the past 18 months. These acquisitions are consistent with our strategy of enhancing growth in market segments where we have strong competitive positions by acquiring highly complementary businesses.”
Tekmar Company, which is being renamed Teledyne Tekmar Company, had sales of $22.5 million for the fiscal year ending in September 2002.