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The buyer, Pelican Merger Holdings Israel Ltd, also owns X-Rite, Pantone, Esko, MediaBeacon, Videojet and Linx.
March 6, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Advanced Vision Technology (AVT) has announced that it has entered into a definitive merger agreement with Pelican Merger Holdings Israel Ltd. pursuant to which it will be acquired by Danaher Corporation’s Product Identification Platform. Pelican Merger Holdings Israel Ltd. will acquire all of the outstanding shares of AVT for €14.50 per share in cash. AVT’s inline inspection systems are used by the world’s top packaging and label converters to improve product quality and efficiency of their...
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