ACQUISITIONS During 2019 and 2018 the Company acquired five businesses for an aggregate consideration of $442.2 million , net of cash acquired. A summary of the acquisitions made during the period is as follows: Date Type Company/Product Line Location (Near) Segment May 31, 2019 Stock Proseal UK Limited Adlington, UK FoodTech A leading provider of tray sealing technology for the fresh produce, ready meals, proteins, sandwiches, and snack industries. May 31, 2019 Stock Prime Equipment Group, LLC Columbus, Ohio FoodTech A manufacturer of turnkey primary and water reuse solutions for the poultry industry. February 1, 2019 Stock LEKTRO, Inc. Warrenton, Oregon AeroTech A manufacturer of commercial aviation ground support equipment, including electric towbarless aircraft pushback tractors for narrow body and smaller aircrafts. July 12, 2018 Stock FTNON Almelo, Netherlands FoodTech A manufacturer of equipment and solutions for the fresh produce, ready meals, and pet food industries. January 26, 2018 Stock Schroder Breidenbach, Germany FoodTech A manufacturer of engineered processing solutions for the food industry. Each acquisition has been accounted for as a business combination. Tangible and identifiable intangible assets acquired and liabilities assumed were recorded at their respective estimated fair values. The excess of the consideration transferred over the estimated fair value of the net assets received has been recorded as goodwill. The factors that contributed to the recognition of goodwill primarily relate to acquisition-driven anticipated cost savings and revenue enhancement synergies coupled with the assembled workforce acquired. The following presents the allocation of acquisition consideration to the assets acquired and the liabilities assumed, based on their estimated values: Proseal (1) Prime (1) LEKTRO (2) FTNON (3) Schroder (4) Total (In millions) Financial assets $ 57.3 $ 14.5 $ 4.2 $ 17.2 $ 4.3 $ 97.5 Inventories 26.9 6.9 7.4 4.5 6.6 52.3 Property, plant and equipment 22.7 2.7 0.3 3.9 7.4 37.0 Other intangible assets (5) 93.3 26.5 19.4 19.0 4.2 162.4 Deferred taxes (15.7 )  (5.1 ) (3.4 ) 0.4 (23.8 ) Financial liabilities (45.7 ) (13.0 ) (4.4 ) (20.6 ) (4.5 ) (88.2 ) Total identifiable net assets $ 138.8 $ 37.6 $ 21.8 $ 20.6 $ 18.4 $ 237.2 Cash consideration paid $ 264.9 $ 62.6 $ 48.3 $ 43.6 $ 20.3 $ 439.7 Contingent consideration (6) 14.7 1.3    16.0 Holdback payment due to seller  0.9    0.9 Total consideration 279.6 64.8 48.3 43.6 20.3 456.6 Cash acquired 4.3 2.0 1.7 4.9 1.5 14.4 Net consideration $ 275.3 $ 62.8 $ 46.6 $ 38.7 $ 18.8 $ 442.2 Goodwill $ 140.8 $ 27.2 $ 26.5 $ 23.0 $ 1.9 $ 219.4 (1) The purchase accounting for Proseal and Prime is provisional. The valuation of working capital balances, property, plant and equipment, intangibles, income tax balances and residual goodwill is not complete. These amounts are subject to adjustment as additional information is obtained within the measurement period (not to exceed 12 months from the acquisition date). (2) The purchase accounting for LEKTRO is provisional. The valuation of certain working capital balances, intangibles, property, plant and equipment, income tax balances and residual goodwill is not complete. These amounts are subject to adjustment as additional information is obtained within the measurement period (not to exceed 12 months from the acquisition date). During the quarter ended June 30, 2019, we refined our estimates for other intangibles by ($7.3) million , deferred taxes by $1.8 million , and inventory by $0.2 million . The impact of these adjustments was reflected as a net increase in goodwill of $5.3 million . These adjustments resulted in an immaterial impact to the consolidated statement of income. (3) The purchase accounting for FTNON is complete as of June 30, 2019. During the quarter ended June 30, 2019 we had no significant measurement period adjustments. (4) The purchase accounting for Schroder was final as of December 31, 2018. (5) The acquired intangible assets subject to amortization are being amortized on a straight-line basis over their estimated useful lives, which range from seven to twenty years . The intangible assets acquired in 2019 include customer relationships totaling $84.0 million ( 14 - year weighted average useful life), technology totaling $40.2 million ( 8 - year weighted average useful life), and tradenames totaling $15.0 million ( 20 - year weighted average useful life). (6) Proseal and Prime purchase agreements include contingent payments due to the sellers to the extent Proseal and Prime achieve certain earnings targets. Proseal earnings performance for the period from January 1, 2020 through December 31, 2020 would result in a payment of $17.7 million in the event earnout targets are met, and no payment if not met. Prime contingent payments are based on the achievement of earnings target ranges for the respective year, and would result in a payment of $0 million to $1 million for the period from June 1, 2019 through December 31, 2019, and an additional payment of $0 million to $0.5 million or the period from January 1, 2020 through December 31, 2020. Refer to Note 9. Fair Value Of Financial Instruments for a description of how the values of these contingent consideration obligations were determined. During the six months ended June 30, 2019, Proseal, Prime, and Lektro had aggregate revenues of $22.3 million and aggregate losses of ($0.6) million .