AMETEK agreed on 6 May 2026 to acquire a portfolio of instrumentation businesses from Indicor, LLC for about $5.0bn in cash.
Why AMETEK, Inc. is buying Indicor Instrumentation (portfolio of instrumentation businesses of Indicor, LLC)
AMETEK chief executive David Zapico said the businesses had differentiated technologies and strong market positions and saw meaningful scope to create value by integrating them into AMETEK's operating model. Their products serve industrial and scientific markets closely aligned with AMETEK's existing portfolio.
“Indicor is an exceptional fit for AMETEK.”
Deal terms and financing
The businesses generate about $1.1bn of annual sales with profitability in line with AMETEK's. AMETEK paid cash, funded through borrowings under its existing credit facility and new debt issuance.
Regulatory approvals and timing
The deal was subject to regulatory approvals and was expected to close in the second half of 2026. AMETEK announced completion on 26 August 2026.
