UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) December 29, 1997
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EG&G, Inc.
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(Exact name of registrant as specified in its charter)
Massachusetts 1-5075 04-2052042
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
45 William Street, Wellesley, Massachusetts 02181
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(Address of principal executive offices) (Zip Code)
(781) 237-5100
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(Registrant's telephone number, including area code)
Not applicable
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(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events
On December 29, 1997, the Company announced that it has entered into an
agreement to sell Rotron, Inc., its Woodstock, New York-based division, for
approximately $103 million to AMETEK, Inc, Paoli, Pennsylvania. The transaction,
which is subject to routine closing requirements, is expected to be completed in
early 1998.
Rotron is a leading manufacturer of fans, blowers and motors and other
components, primarily used for heating and cooling airplanes, trains and buses.
The company also supplies air moving systems to government agencies, such as the
Department of Defense. Rotron's 1997 sales are expected to be approximately $70
million.
Rotron is one of several units being sold by EG&G as part of its strategy to
focus resources upon larger business units better positioned to take advantage
of growing demand for the Company's security screening, medical diagnostics,
micromachined sensors, and aerospace and engineered products.
In addition to Woodstock, Rotron has an operation in Saugerties, New York.
AMETEK is a leading global manufacturer of electrical and electronic products
and materials engineered for niche markets. Operations are in North America,
Europe, and Asia; about one-third of its sales are to markets outside the United
States. Sales from continuing operations reached $800 million in 1996.
EG&G, Inc. is a global technology company that provides complete systems, as
well as components, to automotive, medical, aerospace, photography and other
industries, and delivers skilled support services to government and industrial
customers. Based in Wellesley, Massachusetts, EG&G has annual sales of more than
$1.4 billion and more than 14,000 employees worldwide.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
EG&G, Inc.
By /s/ John F. Alexander, II
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Senior Vice President and
Chief Financial Officer
(Principal Financial Officer)
Date: January 5, 1998
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