About This Deal

AMETEK acquired Land Instruments International Limited, a transaction completed in June 2006, structured as Acquired from an investor group led by 3i plc.

Land Instruments International Limited operates in Electronic Instruments Group (EIG), is based in Dronfield, United Kingdom. AMETEK acquired Land Instruments International, a Dronfield, United Kingdom-based supplier of high-end analytical instrumentation, from an investor group led by 3i plc. Land Instruments offers a broad range of infrared temperature measurement, combustion efficiency and emissions monitoring instruments, including spot thermometers, line scanners and thermal imagers that measure temperatures up to 3,000 degrees Celsius for the metal, glass and mineral processing industries. The business had annual sales of roughly GBP 22 million (about $41 million) and, once combined, lifted AMETEK's high-end analytical instruments platform to nearly $500 million in annualized sales.

Expands AMETEK's high-end analytical instrument platform with industrial infrared temperature measurement, combustion efficiency and emissions monitoring instrumentation.

Deal Terms

Acquirer
AMETEK
Target
Land Instruments International Limited
Value
Not disclosed
Date
June 2006
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Dronfield, United Kingdom
Segment
Electronic Instruments Group (EIG)
Structure
Acquired from an investor group led by 3i plc
Announced
June 15, 2006
Closed
June 15, 2006

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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