Ametek acquires VTI Instruments

Berwyn, Pa. – Ametek Inc. has acquired VTI Instruments, a 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, Calif., VTI is a provider of engineered and customized products designed to deliver customers an 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. 

 

"The acquisition of VTI broadens our capabilities in the high end test and measurement market and provides us with additional technology differentiation, especially in the high-precision segment of the Aerospace market," Hermance adds.

 

VTI has additional facilities in Cleveland Ohio, and Bangalore, India. It joins Ametek as part of its Electronic Instruments Group (EIG) in advanced monitoring, testing, calibrating, and display instruments, with 2013 sales of $2.0 billion.

 

Ametek is a global manufacturer of electronic instruments and electro-mechanical devices with annual sales of $3.6 billion.