Teledyne Acquires PDM Neptec

The thirteenth acquisition in the Teledyne Marine group, PDM Neptec further expands the line of harsh-environment marine interconnects, said Robert Mehrabian, chairman, president and chief executive officer of Teledyne.  PDM Neptec also adds additional engineering talent and strengthens the  international sales channels.

“With the acquisition of PDM Neptec, a two decade project of Peter Dennis, Teledyne is able to leverage PDM Neptec to develop further its European footprint. The transaction is a natural development for PDM Neptec, positive for employees, the local community, customers and suppliers,” said Susannah Dennis. “Finally, as a founder of the company, I am pleased to see PDM Neptec’s name live on, in its new incarnation as Teledyne Impulse-PDM.”