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Fluke Corporation Acquires Measurement Tools Distributor - TTL Technologies

By : Irfan Khan | 24 January 2012
Industry : Engineering

Fluke Corporation has acquired TTL Technologies Pvt Ltd - a Indian distributor of measurement tools from leading brands. Financial details of the transaction were not disclosed. TTL has represented Fluke in India since 2001 as a master distributor.

It distributes measurement tools manufactured by Fluke Corporation, Ametek Programmable Power Inc., Thermo Fisher Scientific, Gigatronics Inc., Microfluidics and Voltech Instruments Ltd through it's pan India operations.

TTL Technologies was started in 1982 as an import trading division within APLAB Ltd, a manufacturer of test and measuring instruments based out of Thane. It distributes measurement tools manufactured by Fluke Corporation, Ametek Programmable Power Inc., Thermo Fisher Scientific, Gigatronics Inc., Microfluidics and Voltech Instruments Ltd through it's pan India operations.

This is Fluke Corporation's second acquisition in this month. It also acquired Martel Electronics Corporation, a Derry, N.H.-based manufacturer of electronic test tools and OEM products.

Founded in 1953, Fluke Corporation is a manufacturer of industrial testing equipment including electronic test equipment. Fluke products are used throughout Indian transportation, defense and manufacturing industries, spanning natural gas to power generation, transmission and distribution, railways, basic metals, pharmaceutical, automotive, capital goods and electronics R&D, as well as the major calibration labs.

Reference: IIFL

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KVEZAR VIEW

  DEAL TRACKER FOR
DateTransactionTypeBuyerSize ($mn)
24/01/12  TTL Technologies - Fluke Corporation M&A  Fluke Corp 
 
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  Profiles

Company

NamePromotersOfficeCompetitorWebsite
TTL Technologies Private Limited  Prabhakar Shankar Deodhar   Deodhar Center, 424, Marol Maroshi Road, Andheri (E)     www.ttlindia.com
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