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Updated: January 12th, 2011 09:49 AM CDT

FLIR Completes Cedip Acquisition

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FLIR Systems, Inc. has completed the acquisition of Cedip, under terms announced in 2007.

In the science camera market, the acquisition improves FLIR's international distribution network and adds new products and technology, including cooled mid-wave infrared cameras.

"We have made the transition as seamless and as smooth as possible for all parties involved," said Dave Bursell, National Director, Science Segment. "Customers served by Cedip can be assured FLIR will continue to provide innovative products and quality support. We are excited about bringing new products to market that build on the strengths of the newly integrated operations."

Cost benefits will be realized in the combined operations through integrated distribution and lower manufacturing costs. For example, Cedip's former Polytech subsidiary in Eskilstuna, Sweden, specializes in mid-size, low-cost, highly-stabilized gimbal systems. This subsidiary is now part of FLIR's Government Systems Division. Cedip's former infrared camera operations are joined with Flir's Thermography Division. The former Cedip development and manufacturing center near Paris will continue to develop and produce high-end systems and operate as a center of excellence.



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