TELEDYNE TECHNOLOGIES INC acquires Bowtech Products Limited

TELEDYNE TECHNOLOGIES INC acquired Bowtech Products Limited, a transaction completed in February 2015, structured as Acquisition through a U.K.-based Teledyne subsidiary..

Bowtech Products Limited operates in Digital Imaging, is based in Aberdeen, Scotland, UK. Teledyne acquired Bowtech Products Limited through a U.K.-based subsidiary. Based in Aberdeen, Scotland and founded in 1989, Bowtech designs and manufactures harsh underwater-environment vision systems, supplying rugged cameras and LED lighting for remotely operated vehicle (ROV), defense, oceanographic, nuclear and marine science applications.

Fills a product gap by adding optical underwater cameras to Teledyne's acoustic imaging and sonar solutions, and accelerates development of new underwater imaging products across Teledyne's marine group.

Advisory firms were not disclosed for this transaction.

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