Ametek completes deal to acquire instrumentation supplier

Paoli, PA — Ametek Inc. has acquired the Solartron Group from Roxboro Group PLC for approximately $75 million (EIG 2004 sales were approximately $667 million.

Solartron is composed of “differentiated, niche-focused businesses that fit nicely with several of our current process and analytical instrument businesses,” said Frank S. Harmance, Ametek chairman and chief executive officer. It consists of three businesses:

The agreement was announced in August and had been subject to the approval of Roxboro shareholders. Earlier last summer, Ametek expanded its high-end analytical instrument platform with the purchase of Spectro Beteiligungs GmbH, the holding company of Spectro Analytical Instruments GmbH & Co. KG and its affiliates. Click here to read more about that move.

—Control Engineering Daily News DeskJeanine Katzel, senior editor, jkatzel@reedbusiness.com

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