Danaher acquires Accu-Sort Systems; appoints executive

Washington. D.C.—Danaher Corp. recently completed its previously announced acquisition of Accu-Sort Systems Inc. for approximately $63 million plus an earn out based on performance conditions payable in the future.

12/16/2003


Washington. D.C.— Danaher Corp. recently completed its previously announced acquisition of Accu-Sort Systems Inc. for approximately $63 million plus an earn out based on performance conditions payable in the future. With approximately $90 million in revenues, Accu-Sort is a leading manufacturer and marketer of stationary scanners used most commonly in manufacturing, distribution and sortation applications.

In addition, Danaher has appointed Craig Purse as VP and group executive responsible for Danaher’s Product Identification platform, which includes Accu-Sort. Purse joined Danaher in 1986 as controller of Dynapar Corp. After progressively responsible roles within Danaher's instrument group, he was promoted in June 2000 to president of it Industrial Controls division. Purse assumed his most recent role as Videojet’s president in 2002.

'During his years with Danaher, Craig Purse demonstrated excellent commercial and operational skills and a passion for the Danaher Business System,” says H. Lawrence Culp, Jr., Danaher’s president and CEO. “His commercial acumen and his experience in driving superior levels of performance in quality, delivery, cost and innovation will serve him and his management team well, especially as Accu-Sort is added to the Product Identification platform.'

Control Engineering Daily News Desk
Jim Montague, news editor
jmontague@reedbusiness.com





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