Danaher to buy Israel's AVT

PrintAction Staff
March 07, 2017
By PrintAction Staff
Reuters news service reports today that U.S.-based Danaher Corp. reached an agreement to purchase Israel-based Advanced Vision Technology Ltd, which develops automatic print inspection systems. The deal, according to Reuters, is worth US$100 million through Danaher’s product identification platform.

Danaher is the parent company of Esko (purchased in January 2011 for €350 million) and X-Rite (purchased in April 2012 for US$625 million), which also controls Pantone.

Danaher, based in Washington, is one of North America’s largest manufacturing conglomerates with annual sales of approximately US$17 billion.

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