AMETEK acquires EGS Automation
Snapshot
AMETEK acquired EGS Automation for part of approximately $270 million deployed across three acquisitions (Magnetrol, Crank Software, EGS) in February 2021. EGS Automation is a EMG business.
- Acquirer
- AMETEK
- Target
- EGS Automation
- Value
- part of approximately $270 million deployed across three acquisitions (Magnetrol, Crank Software, EGS)
- Date
- February 2021
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
AMETEK acquired EGS Automation for part of approximately $270 million deployed across three acquisitions (Magnetrol, Crank Software, EGS), a transaction completed in February 2021.
EGS Automation operates in EMG. A designer and manufacturer of highly engineered, customized robotic solutions used in critical applications for the medical, food and beverage, and general industrial markets; enhances AMETEK Dunkermotoren's automation solutions portfolio.
Enhances AMETEK Dunkermotoren's automation solutions portfolio with highly engineered, customized robotic solutions for critical applications.
Customized robotic and automation solutions for medical, food and beverage, and industrial markets. Enhances AMETEK Dunkermotoren's automation solutions portfolio. Electromechanical Group (EMG), Dunkermotoren
No advisory firms have been disclosed for this transaction.