AMETEK acquired Micro-Poise Measurement Systems for part of $747.7 million across seven 2012 businesses, a transaction completed in October 2012, structured as All-cash.
Micro-Poise Measurement Systems operates in EIG. Micro-Poise Measurement Systems, based in Streetsboro, Ohio with additional operations in Michigan, China and Germany, is a provider of integrated test and measurement solutions for the tire industry, with estimated 2012 sales of roughly $125 million. AMETEK acquired the business in October 2012 for approximately $170 million in cash.
Micro-Poise broadens the company's position in the materials test and measurement equipment market and makes AMETEK a leader in a growing industry segment.
EIG
A leading provider of integrated test and measurement solutions for the tire industry, acquired in October 2012.AMETEK FY2012 10-K, Item 1 Business / Acquisitions note
Advisory firms were not disclosed for this transaction.