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Olympus acquires R/D Tech

Date Closed

May 31, 2005

Lead Office

Québec City

Value

117.00 Million CAD

On May 31, 2005, Olympus Corporation, through its wholly-owned subsidiary Olympus NDT Canada Inc., completed the acquisition of all the issued and outstanding shares of R/D Tech Inc., a manufacturer of non-destructive testing equipment with proprietary advanced technology in the areas of ultrasound defect detection and eddy current defect detection. R/D Tech is based in Quebec City and has various places of business worldwide. The purchase price paid Olympus was approximately C$117 million.

McCarthy Tétrault advised R/D with a team that was led by Francois Amyot.

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