Teledyne acquisition of FLIR Systems
Teledyne bought FLIR, a maker of thermal imaging and unmanned systems.
- Company
- FLIR Systems
- Type
- M&A
- Status
- Completed
- Date
- 14 May 2021
- Value
- US$8.2bn
- Value basis
- About US$8.2bn cash and stock at closing (about US$8.0bn at signing)
- Region
- US
- Segment
- Defence electronics
Parties
- Teledyne Technologies buyer
- FLIR shareholders seller
Key terms
- Bridge financing
- US$4.5bn 364-day commitment
- Announced
- 4 Jan 2021
Sources
- Teledyne 8-K: Teledyne to acquire FLIR Systems sec.gov · 4 Jan 2021
- Teledyne 8-K: Teledyne completes acquisition of FLIR sec.gov · 14 May 2021
Record DEF-INV-2021-0007. Investments are kept apart from the financings register and never counted in debt totals.
