Ametek Negotiates $5 Billion Deal for Indicor Segments
Ametek is in exclusive talks to buy Indicor testing and measurement units from CD&R for $5 billion. A deal could be finalized within the next few weeks.
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AMETEK INC is in exclusive talks to acquire segments of valve-and-pump maker Indicor for approximately $5 billion. The deal targets Indicor's testing and measurement units, currently owned by private equity firm Clayton, Dubilier & Rice. A successful acquisition would expand Ametek's high-margin industrial technology portfolio through its largest deal in recent years.
