Teledyne acquires 3M division for $230 million in cash

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Teledyne acquires 3M division for $230 million in cash

By Staff Report / Thursday, August 1st, 2019 / Comments Off on Teledyne acquires 3M division for $230 million in cash

Teledyne Technologies completed its $230 million cash takeover of 3M’s gas and flame detection division Aug. 1. The deal was announced in early June and includes Oldham, Simtronics, Gas Measurement Instruments, Detcon and select Scott Safety products. Shares for the Thousand Oaks industrial technology manufacturer were up slightly on the news, around half a percent…

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