About This Deal

TELEDYNE TECHNOLOGIES INC acquired Hanson Research Corporation, a transaction completed in December 2016, structured as Acquisition by Teledyne Instruments, Inc.; retains the Hanson name and operations..

Hanson Research Corporation operates in Instrumentation, is based in Chatsworth, California, USA. Teledyne's subsidiary Teledyne Instruments, Inc. acquired Hanson Research Corporation, a Chatsworth, California specialist in analytical instrumentation for the pharmaceutical industry. Founded in 1951, Hanson Research pioneered dissolution testing instruments and also provides diffusion testing instrumentation and physical test instruments examining tablet disintegration and powder flowability.

Hanson's dissolution and diffusion instruments complement Teledyne's laboratory instrumentation businesses (Teledyne CETAC, Tekmar and Isco) and strengthen relationships with global life-sciences and pharmaceutical companies.

Deal Terms

Acquirer
TELEDYNE TECHNOLOGIES INC
Target
Hanson Research Corporation
Value
Not disclosed
Date
December 2016
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Chatsworth, California, USA
Segment
Instrumentation
Structure
Acquisition by Teledyne Instruments, Inc.; retains the Hanson name and operations.
Closed
December 6, 2016

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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