FLIR to keep Raymarine employees, facilities
The more than 400 employees of Raymarine Group have been transferred to FLIR Systems as part of the sale announced Friday and FLIR has no intention of closing the Raymarine facilities. FLIR purchased Raymarine for approximately $180 million, which includes repayment of all of Raymarine's indebtedness and approximately $24 million in proceeds to Raymarine plc.
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