Danaher Corporation acquires Gilbarco / Marconi Data Systems (Videojet)

Danaher Corporation acquired Gilbarco / Marconi Data Systems (Videojet) for approximately $325 million (acquired from Marconi plc), a transaction completed in February 2002, structured as All-cash. The deal was a Carve-out.

Gilbarco / Marconi Data Systems (Videojet) operates in Industrial Technologies (Gilbarco Veeder-Root / Videojet). Danaher acquired the Gilbarco retail-petroleum business and entered Product Identification through the February 2002 acquisition of Videojet (formerly Marconi Data Systems).

Marked Danaher's entry into the product identification market and expanded its retail/commercial petroleum offerings.

Through the Gilbarco Veeder-Root business, Danaher is a leading worldwide provider of technologies and services for the retail/commercial petroleum market. ... Danaher entered the Product Identification market through the acquisition of Videojet (formerly known as Marconi Data Systems) in February 2002.Danaher Corporation FY02 10-K, Item 1 Business description

Advisory firms were not disclosed for this transaction.

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