THERMO ELECTRON CORP
SC 13D/A, 2000-02-02
MEASURING & CONTROLLING DEVICES, NEC
Previous: TECHNICAL COMMUNICATIONS CORP, SC 13G/A, 2000-02-02
Next: THERMO ELECTRON CORP, SC 13D/A, 2000-02-02



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D

  INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND
               AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)

                                (Amendment No. 8)

                          The Randers Killam Group Inc.
                          -----------------------------
                                (Name of Issuer)

                    Common Stock, par value $.0001 per share
 ------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   752333 20 3
                                 --------------
                                 (CUSIP Number)

                             Seth H. Hoogasian, Esq.
                                 General Counsel
                                 (781) 622-1000

                           Thermo Electron Corporation
                                 81 Wyman Street
                             Waltham, MA 02454-9046


- --------------------------------------------------------------------------------
   (Name, Address and Telephone Number of Person Authorized to Receive Notices
                             and Communications)


                                January 31, 2000
- --------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)


     If the filing  person has  previously  filed a statement on Schedule 13G to
report the  acquisition  that is the subject of this Schedule 13D, and is filing
this  schedule  because  of Rule  13d-1(e),  13d-1(f)  or  13d-1(g),  check  the
following box [ ].




<PAGE>


- --------------------------------------------------------------------------------
            1              NAME OF REPORTING PERSON
                           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                           Thermo Electron Corporation
                           IRS No. 04-2209186

- --------------------------------------------------------------------------------
            2              CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                           GROUP*

                                                                       (a) [   ]
                                                                       (b) [ x ]

- --------------------------------------------------------------------------------
            3              SEC USE ONLY
- --------------------------------------------------------------------------------
            4              SOURCE OF FUNDS*

                           WC; OO

- --------------------------------------------------------------------------------
            5              CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
                           IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
                                                                           [   ]

- --------------------------------------------------------------------------------
            6              CITIZENSHIP OR PLACE OF ORGANIZATION


                           State of Delaware

- --------------------------------------------------------------------------------
 NUMBER OF SHARES     7    SOLE VOTING POWER
   BENEFICIALLY
  OWNED BY EACH
 REPORTING PERSON          24,359,564
       WITH
- --------------------------------------------------------------------------------
                      8    SHARED VOTING POWER

                           0

- --------------------------------------------------------------------------------
                      9    SOLE DISPOSITIVE POWER

                           24,359,564

- --------------------------------------------------------------------------------
                     10    SHARED DISPOSITIVE POWER

                           0

- --------------------------------------------------------------------------------


<PAGE>


- --------------------------------------------------------------------------------
            11             AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
                           REPORTING PERSON

                           24,359,564

- --------------------------------------------------------------------------------
            12             CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
                           EXCLUDES CERTAIN SHARES*                        [   ]

- --------------------------------------------------------------------------------
            13             PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                           95.8%

- --------------------------------------------------------------------------------
            14             TYPE OF REPORTING PERSON *

                           CO
- --------------------------------------------------------------------------------


<PAGE>


     Thermo  Electron  Corporation  hereby  amends its statement on Schedule 13D
relating to the shares (the  "Shares")  of common  stock,  par value  $.0001 per
share, of The Randers Killam Group Inc. (the "Issuer"), as set forth below.

Item 2.     Identity and Background

     Item 2 is hereby amended and restated in its entirety as follows:

     This  Amendment  is  being  filed  by  Thermo  Electron   Corporation  (the
"Reporting  Person"),  pursuant  to Rule  13d-2,  to  reflect  a  change  in the
information  previously  reported  under Items 4 and 6 of this Schedule 13D. The
Reporting  Person holds the Shares of the Issuer that it owns both  directly and
indirectly through one or more controlled  subsidiaries.  As of the date of this
Amendment, 24,108,770 Shares were held by Thermo TerraTech Inc. ("TerraTech"), a
majority-owned subsidiary of the Reporting Person.

     Through  the  largest  of its  four  operating  segments,  measurement  and
detection,  the  Reporting  Person  is a  leading  provider  of  analytical  and
monitoring  instruments  used in everything from life sciences  research to food
and beverage  production.  The  Reporting  Person serves the  healthcare  market
through  its  biomedical  segment  and is a  recognized  leader in  heart-assist
devices, respiratory-care equipment,  neurodiagnostics, and mammography systems.
Through its energy and environment  segment,  the Reporting  Person develops and
operates  power  plants  and  offers a range  of  environmental  consulting  and
resource management  services.  The Reporting Person is also a major producer of
paper-recycling  equipment and provides  water-clarification  and fiber-recovery
products and services through its recycling and resource  recovery  segment.  In
addition,  the Reporting  Person  conducts a broad range of advanced  technology
R&D.

     The  principal  business  address  and  principal  office  address  of  the
Reporting  Person,  a  Delaware  corporation,   is  81  Wyman  Street,  Waltham,
Massachusetts 02454-9046.

     Appendix  A attached  to this  Amendment  sets  forth with  respect to each
executive  officer and director of the Reporting Person his or her (a) name; (b)
residence or business address;  (c) present  principal  occupation or employment
and the  name,  principal  business  and  address  of any  corporation  or other
organization in which such employment is conducted; and (d) citizenship.  To the
knowledge of the Reporting Person,  there is no person who may be deemed to be a
controlling person of the Reporting Person.

     During  the last five  years,  neither  the  Reporting  Person  nor (to the
knowledge  of the  Reporting  Person) any  executive  officer or director of the
Reporting Person has been convicted in a criminal proceeding  (excluding traffic
violations and similar misdemeanors).

     During  the last five  years,  neither  the  Reporting  Person  nor (to the
knowledge  of the  Reporting  Person) any  executive  officer or director of the
Reporting  Person  has  been a party  to a civil  proceeding  of a  judicial  or
administrative  body of competent  jurisdiction  which  resulted in a judgement,
decree or final order (i) enjoining  future  violations  of, or  prohibiting  or
mandating  activities  subject  to,  federal  or state  securities  laws or (ii)
finding a violation with respect to such laws.



<PAGE>


Item 4.     Purpose of Transaction

     The following is hereby added as the first paragraph of Item 4:

     On January 31, 2000,  the Reporting  Person issued a press release in which
it stated that it intends to sell the  businesses  of the Issuer.  This proposed
sale will proceed independent of the transactions  contemplated by the agreement
and plan of merger between the Issuer and the Reporting Person.

Item 5.     Interest in Securities of the Issuer.

     Items 5 (a) - (c) are hereby  amended  and  restated  in their  entirety as
follows:

     (a) The Shares  beneficially  owned by the Reporting Person include 250,794
Shares, or approximately 1.0% of the outstanding  Shares,  owned directly by the
Reporting  Person  and  24,108,770   Shares,  or  approximately   94.8%  of  the
outstanding  Shares,  owned by  TerraTech.  To the  knowledge  of the  Reporting
Person,   the  executive   officers  and  directors  of  the  Reporting   Person
beneficially  own an aggregate of 140,000  Shares or  approximately  0.6% of the
outstanding  Shares.  To the  knowledge  of the  Reporting  Person,  the  Shares
beneficially  owned by all  executive  officers and  directors of the  Reporting
Person  consist of 140,000  Shares that such  persons  have the right to acquire
within 60 days through the exercise of stock options.  Ownership information for
each executive  officer and director of the Reporting  Person,  as of January 1,
2000, is set forth below.

Name                                             Number of Shares(1)
- ----                                             -------------------
Samuel W. Bodman                                       0
Peter O. Crisp                                         0
Elias P. Gyftopoulos                                   0
George N. Hatsopoulos                             48,000
John N. Hatsopoulos                               48,000
Brian D. Holt                                      4,000
Frank Jungers                                          0
John T. Keiser                                     4,000
Paul F. Kelleher                                   8,000
Earl R. Lewis                                      4,000
Robert A. McCabe                                       0
Theo Melas-Kyriazi                                     0
Hutham S. Olayan                                       0
Robert W. O'Leary                                      0
William A. Rainville                              24,000
Richard F. Syron                                       0
Roger D. Wellington                                    0
All directors and current executive officers as  140,000
a group (17 persons)
<PAGE>

     (1) Shares reported as  beneficially  owned by Dr. G.  Hatsopoulos,  Mr. J.
Hatsopoulos,  Mr. Holt, Mr. Keiser,  Mr. Kelleher,  Mr. Lewis, Mr. Rainville and
all directors and executive officers as a group include 48,000,  48,000,  4,000,
4,000, 8,000, 4,000, 24,000 and 140,000 Shares,  respectively,  that such person
or members of the group have the right to acquire within 60 days.

     While certain directors and executive  officers of the Reporting Person are
also directors and officers of the Issuer, all such persons disclaim  beneficial
ownership of the Shares owned by the Reporting Person.

     (b) The Reporting  Person and the  executive  officers and directors of the
Reporting Person have the sole power to vote and dispose of the Shares each such
person owns.

     (c) The Reporting  Person has effected no transactions  with respect to the
Shares during the past 60 days. To the  knowledge of the Reporting  Person,  the
executive  officers  and  directors  of the  Reporting  Person have  effected no
transactions in the Shares in the past 60 days.

     Item 6.  Contracts,  Arrangements,  Understandings  or  Relationships  with
respect to Securities of the Issuer.

     The first two paragraphs of Item 6 are hereby amended and restated in their
entirety as follows:

     As set forth in Item 4 hereof,  the Reporting  Person has announced that it
intends to sell the businesses of the Issuer.

     Of the  24,359,564  Shares  beneficially  owned  by the  Reporting  Person,
195,400  Shares are  subject to options to acquire  such  Shares  granted by the
Reporting  Person pursuant to its director and employee stock option plans.  The
executive  officers  and  directors  of the  Reporting  Person  have the  right,
pursuant to such options,  to acquire 84,000 Shares. In addition,  the following
executive  officers  and  directors  of the  Reporting  Person have the right to
acquire  Shares from the Issuer  pursuant to the Issuer's  director and employee
stock option plans:  Mr. J.  Hatsopoulos  has the right to acquire 48,000 Shares
within 60 days; and Mr. Kelleher has the right to acquire 8,000 Shares within 60
days.


<PAGE>


Signature

     After reasonable  inquiry and to the best of its knowledge and belief,  the
Reporting  Person  certifies that the information set forth in this statement is
true, complete and correct.


Date: February 2, 2000                  THERMO ELECTRON CORPORATION

                                        By:  /s/ Theo Melas-Kyriazi
                                             ----------------------------------
                                             Theo Melas-Kyriazi
                                             Vice President and Chief
                                             Financial Officer





<PAGE>


Appendix A is hereby amended and restated in its entirety as follows:

                                   APPENDIX A

     The following  individuals  are  executive  officers or directors of Thermo
Electron  Corporation  ("Thermo  Electron").  Unless  otherwise  noted, all such
individuals  are citizens of the United  States.  Unless  otherwise  noted,  the
business address of each executive officer and director of Thermo Electron is 81
Wyman Street, Waltham, Massachusetts 02454-9046.

Samuel W. Bodman:                            Director, Thermo Electron

     Mr. Bodman is Chairman and Chief Executive Officer of Cabot Corporation,  a
manufacturer of specialty chemicals and materials. His business address is Cabot
Corporation, 75 State Street, Boston, Massachusetts 02109.

Peter O. Crisp:                              Director, Thermo Electron

     Mr.  Crisp  was,  until  September  1997,  a  General  Partner  of  Venrock
Associates,  a venture capital investment firm. He has been the vice chairman of
Rockefeller Financial Services, Inc. since December 1997.

Elias P. Gyftopoulos:                        Director, Thermo Electron

     Dr.  Gyftopoulos is Professor  Emeritus of the  Massachusetts  Institute of
Technology. His business address is Massachusetts Institute of Technology,  Room
24-109, 77 Massachusetts Avenue, Cambridge, Massachusetts 02139.

Frank Jungers:                               Director, Thermo Electron

     Mr.  Jungers is a consultant on business and energy  matters.  His business
address is 822 NW Murray, Suite 242, Portland, Oregon 97229.

Robert A. McCabe:                            Director, Thermo Electron

     Mr.  McCabe is  Chairman  of Pilot  Capital  Corporation,  a firm  which is
engaged  in  private   investments.   His  business  address  is  Pilot  Capital
Corporation, 444 Madison Avenue, Suite 2103, New York, New York 10022.
<PAGE>

Robert W. O'Leary:                           Director, Thermo Electron

     Mr.  O'Leary is the  President  and Chairman of Premier,  Inc., a strategic
alliance  of  not-for-profit  health care and  hospital  systems.  His  business
address is Premier, Inc., 12225 El Camino Real, San Diego, California 92130.



Hutham S. Olayan:                            Director, Thermo Electron

     Ms. Olayan is the President and a director of Olayan America Corporation, a
firm  engaged  in private  investments,  including  real  estate,  and  advisory
services.  Her business  address is Suite 1100,  505 Park Avenue,  New York, New
York 10022. Ms. Olayan is a citizen of Saudi Arabia.

Roger D. Wellington:                         Director, Thermo Electron

     Mr.  Wellington is the President and Chief Executive  Officer of Wellington
Consultants,  Inc. and of Wellington  Associates,  Inc.,  international business
consulting firms.

Richard F. Syron:                            President, Chief Executive Officer
                                             and Chairman of the Board, Thermo
                                             Electron
George N. Hatsopoulos:                       Director and Chairman Emeritus,
                                             Thermo Electron
John N. Hatsopoulos:                         Director and Vice Chairman of the
                                             Board, Thermo Electron
Theo Melas-Kyriazi:                          Vice President and Chief Financial
                                             Officer, Thermo Electron
Mr. Melas-Kyriazi is a citizen of Greece.
Brian D. Holt:                               Chief Operating Officer, Energy and
                                             Environment, Thermo Electron
John T. Keiser:                              Chief Operating Officer,
                                             Biomedical, Thermo Electron
Earl R. Lewis:                               Chief Operating Officer,
                                             Measurement and Detection, Thermo
                                             Electron
William A. Rainville:                        Chief Operating Officer, Recycling
                                             and Resource Recovery, Thermo
                                             Electron
Paul F. Kelleher:                            Senior Vice President, Finance &
                                             Administration and Chief Accounting
                                             Officer, Thermo Electron





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission