Danaher Corporation announced today that it has completed the previously announced acquisition of the assets of Gasboy International, Inc. ("Gasboy"), a unit of Tokheim Corporation for $38.3 million. Gasboy, with revenues of approximately $40 million, is a manufacturer and marketer of commercial electronic and mechanical petroleum dispensing systems, fleet management systems and transfer pumps, primarily for non-retail petroleum applications.

Danaher Corporation is a leading manufacturer of Process / Environmental Controls and Tools and Components (http://www.danaher.com/ ).

Statements in this release that are not strictly historical may be "forward-looking" statements, which involve risks and uncertainties. These include economic and currency conditions, market demand, pricing, and competitive and technological factors, among others, as set forth in the company's SEC filings.

SOURCE: Danaher Corporation