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Updated · Bloomberg · May 6Ametek agrees to buy Indicor Instrumentation businesses
9 articles · Updated · Bloomberg · May 6
- The US measuring-equipment maker said the all-cash deal is worth about $5bn and was announced on Wednesday.
- Ametek plans to finance the acquisition through an existing credit facility and a new debt issuance.
- The purchase expands a company whose instruments serve aerospace and energy industries, adding a portfolio of businesses from Indicor LLC.
Ametek is adding $5 billion in debt. Will this high-stakes bet on growth jeopardize its financial stability if the market turns? As Ametek buys its way to the top, can it avoid the integration pitfalls that have doomed other industrial mega-mergers?