Ametek to Acquire Indicor Instrumentation Business for $5 Billion
Ametek announced that it has entered into a definitive agreement to acquire a portfolio of instrumentation businesses from Indicor in an all-cash transaction valued at approximately $5B. Indicor Instrumentation is a group of businesses that design and manufacture solutions for industrial and scientific applications. Indicor Instrumentation generates approximately $1.1B in annual sales and has profitability levels consistent with Ametek. Following closing of the transaction, the businesses will be integrated into Ametek's Electronic Instruments Group and Electromechanical Group based on product offerings and market alignment. Ametek plans to fund the acquisition through borrowings under its existing credit facility and new debt issuance. The transaction is subject to customary closing conditions, including applicable regulatory approvals, and is expected to close in the second half of 2026.
