AMETEK acquired Motec GmbH for part of $1,129.3 million across six 2018 businesses, a transaction completed in June 2018, structured as All-cash.
Motec GmbH operates in EIG. A provider of integrated vision systems serving the high-growth mobile machine vision market with ruggedized vision products and integrated software for transportation, agriculture, logistics and construction. Acquired in June 2018.
Motec's ruggedized vision products and integrated software solutions complement the company's existing instrumentation businesses by expanding its portfolio of solutions.
EIG
A provider of integrated vision systems serving the high-growth mobile machine vision market with ruggedized vision products and integrated software for transportation, agriculture, logistics and construction. Acquired in June 2018.AMETEK FY2018 10-K, Item 1 Business / Acquisitions note
Advisory firms were not disclosed for this transaction.