Roper technologies to divest zetec

Sarasota, fla., aug. 10, 2021 (globe newswire) -- roper technologies, inc. (nyse: rop), a leading diversified technology company, today announced that it has reached a definitive agreement to sell its zetec business to eddyfi/ndt in an all-cash transaction valued at approximately $350 million. zetec has generated approximately $64 million of revenue and $17 million of ebitda over the last 12 months. the company expects this transaction to close at the end of this year, subject to customary closing conditions, including regulatory approvals.
ROP Ratings Summary
ROP Quant Ranking