• 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

PIN 25.1 Feb/March

March 2024

In This Edition Safety - The technology behind the ION Science Tiger XT - Safety with ammonia and LOHCs as hydrogen carriers Analytical Instrumentation - Discussion on new tribology te...

View all digital editions

Events

RenExpo InterHydro

Mar 21 2024 Salzburg, Austria

EXpec

Mar 25 2024 Beijing, China

CIPPE

Mar 25 2024 Beijing, China

CIOOE

Mar 25 2024 Beijing, China

FORUM LABO LYON

Mar 27 2024 Lyon, France

View all events