October 1, 2005
AMETEK deals for Solartron
AMETEK, Inc. will pay $75 million (£42 million) to acquire the Solartron Group from Roxboro Group PLC.
Solartron is an analytical instrumentation supplier for the process, laboratory, and other industrial markets.
Solartron has three businesses: Solartron Analytical, Solartron Metrology, and Solartron ISA. Solartron Analytical produces high-precision analytic measurement instrumentation and software for the characterization of materials. Solartron Metrology makes digital and analog gauging probes, displacement transducers, and associated instrumentation used primarily to measure the size and form of machined or fabricated parts. Solartron ISA designs and manufactures flow measurement devices for the oil and gas industry.
Solartron will join AMETEK as part of its Electronic Instruments Group (EIG). The deal should close in the third quarter.