AMETEK, Inc. has announced its agreement to acquire Indicor's Instrumentation businesses for approximately $5 billion, enhancing its capabilities in industrial technology solutions. The acquisition is set to close in the second half of the year, with expectations of being cash accretive to earnings per share in the first year and yielding annualized cost synergies of 10% to 12%. This move follows AMETEK's strong performance in 2025, marked by record sales of $7.4 billion and a 9% rise in earnings per share.
“AMETEK, Inc. · declared · quarterly dividend · $0.34 per share”
“AMETEK · has annual sales of · approximately · $7.5 billion”
“AMETEK · was founded in · 1930”
“AMETEK · is a component of · the S&P 500”
“AMETEK, Inc. · appointed · Nick L. Stanage · new director”
“AMETEK · agreed to buy · Indicor’s Instrumentation businesses · $5 billion cash deal”
“AMETEK · expects to close · the transaction · second half of the year”
“AMETEK · expects annualized synergies · cost synergies · 10% to 12% of sales”
“AMETEK · estimates its debt-to-EBITDA ratio · at closing · roughly 2.3 times”
“AMETEK · expects the transaction to be · accretive to cash earnings · in year one”
“AMETEK · operates through · two primary business platforms · an electronic instruments group and an electromechanical group”
“AMETEK · elected · Thomas A. Amato, Anthony J. Conti, and Gretchen W. McClain as directors · true”