• Roper Technologies to sell majority stake in PAC and their industrial businesses

Fuel for Thought

Roper Technologies to sell majority stake in PAC and their industrial businesses

Jun 08 2022

Roper Technologies, Inc. has agreed to sell a majority stake in its industrial businesses, including the globally renowned PAC - manufacturers of lab and process analysers for gas chromatography (GC) , elemental analysis and physical properties for GC, - along with Alpha, AMOT, CCC, Cornell, Dynisco, FTI, Hansen, Hardy, Logitech, Metrix, Roper Pump, Struers, Technolog, Uson, and Viatran, to affiliates of Clayton, Dubilier & Rice, LLC (“CD&R”). 

Roper will receive in the region of $2.6 billion upfront, pre-tax proceeds while keeping hold of a 49% minority stake in the new company. These businesses generated approximately $940 million of revenue collectively and $260 million of earnings before interest, taxes, depreciation, and amortisation.

According to Neil Hunn, President and CEO of Roper Industries, “This is the final step in Roper’s divestiture strategy to reduce the cyclicality and asset intensity of our enterprise. We have created a meaningfully enhanced and higher-quality go-forward portfolio of market-leading businesses that is better positioned to deliver higher and more resilient organic growth, an improved working capital profile, and strong cash conversion.”

Digital Edition

Petro Industry News 23.2 - April/May 2022

May 2022

In This Edition Fuel for Thought - AnalytiChem acquires SCP SCIENCE - COVID-19 boosts adoption of virtual reality in the oil and gas industry - ION Science’s MiniPID Sensors win prestigio...

View all digital editions


Nigeria Oil & Gas (NOG)

Jul 04 2022 Abuja, Nigeria

Air and Water Pollution 2022

Jul 05 2022 Online event

Asia Pacific LNG & Gas Summit

Jul 06 2022 Singapore

East Russia Oil and Gas Forum

Jul 06 2022 Vladivostok, Russia

WTC 2022

Jul 10 2022 Lyons, France

View all events