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Fortive to Acquire EA Elektro-Automatik, an Industry-leading Provider of Electronic Test & Measurement Solutions

Fortive Corporation will acquire EA Elektro-Automatik Holding GmbH, a supplier of high-power electronic test solutions, for $1.45 billion in cash. In addition to strengthening Fortive’s position in electronic testing and measurement, the acquisition is set to to benefit from a projected growth in industries it serves. The deal is set to close in the first quarter of 2024.

Source: www.streetinsider.com –

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