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Slide #91. AMETEK — Creaform, Inc.
AMETEK, Inc. (NYSE: AME) today announced that it has acquired Creaform, Inc., a leading developer and manufacturer of innovative portable 3D measurement technologies and a provider of 3D engineering services for approximately $120 million. Based near Quebec City, Canada, the privately held company has annual sales of approximately $52 million.
AMETEK is a global manufacturer of electronic instruments and electromechanical devices. Co.'s Electronic Instruments segment is engaged in the design and manufacture of analytical, test and measurement instruments for the process, aerospace, medical, research, power and industrial markets. This segment includes process and analytical instrumentation markets and products and aerospace and power instrumentation markets and products. Co.'s Electromechanical segment is engaged in supplying automation solutions, thermal management systems, metals and electrical interconnects. This segment includes automation and engineered solutions markets and products and aerospace markets and products.
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Strong Buy (3.55 out of 4)