AMETEK acquired VTI Instruments for part of $573.6 million across five 2014 businesses, a transaction completed in February 2014, structured as All-cash.
VTI Instruments operates in EIG. VTI Instruments, headquartered in Irvine, California, makes high-precision test and measurement instrumentation and delivers integrated solutions for critical measurement requirements, with annual sales of about $38 million. AMETEK acquired the company in February 2014 for roughly $74 million, broadening its position in the high-end test and measurement market.
VTI broadens the company's capabilities in the high-end test and measurement market and provides additional technology differentiation.
EIG
A manufacturer of high-precision test and measurement instrumentation, acquired in February 2014.AMETEK FY2014 10-K, Item 1 Business / Acquisitions note
Advisory firms were not disclosed for this transaction.