AMETEK acquires VTI Instruments

BERWYN, USA: AMETEK Inc. announced that it has acquired VTI Instruments, a leading manufacturer of high precision test and measurement instrumentation for $74 million. VTI, acquired from an investor group led by Merit Capital Partners and Alerion Capital Group, has annual sales of approximately $38 million.

With its headquarters in Irvine, CA, VTI is a leading provider of highly engineered and customized products designed to deliver customers a complete, integrated solution for their critical test and measurement requirements. It offers a wide range of signal conditioning and switching instruments, data acquisition solutions and integrated test systems for use in demanding electrical and structural testing applications where high measurement accuracy is critical.

"VTI is an excellent acquisition for AMETEK. It is a market leader in high end data acquisition and precision instrumentation with deep technical expertise and applications knowledge," comments Frank S. Hermance, AMETEK chairman and CEO.