April 26, 2024
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Teledyne to acquire Netherlands-based company

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Teledyne FLIR recently won a $48.7 million contract to provide imaging and other equipment for the U.S. Coast Guard. U.S. Coast Guard photo by Petty Officer 2nd Class Henry G. Dunphy. (courtesy photo)

Thousand Oaks-based Teledyne has entered into an agreement to purchase Netherlands-based Adimec Holding B.V. for an undisclosed amount, the company announced Feb. 13.

Adimec, founded in 1992 and headquartered in Eindhoven, Netherlands, develops customized high-performance industrial and scientific cameras for applications where image quality is of paramount importance.

Edwin Roks, Teledyne’s CEO, said Aidmec possesses “uniquely complementary technology, products and customers in the shared strategic focus areas of healthcare, global defense, and semiconductor and electronics inspection.”

“For decades and from our own X-ray imaging business headquartered in Eindhoven, I have watched Adimec grow to become a leader in niche applications requiring truly accurate images for precise decision making in time-critical processes,” Roks said.

Aidmec’s co-CEO Alex de Boer said that Teledyne is the perfect company to “further on the strong foundation the founders and management have established over the past three decades.”

“The entire Adimec team is looking forward to contributing to an exciting future with Teledyne while extending technical boundaries to support our customers with cameras — perfectly optimized to their application needs,” he said.