BERWYN,
Pa., Dec. 1, 2021 /PRNewswire/
-- AMETEK, Inc. (NYSE: AME) today announced the acquisition of
Alphasense, a leading provider of gas and particulate sensors for
use in environmental, health and safety, and air quality
applications.
Alphasense designs and manufactures a broad range of
technologically advanced gas detection sensors used in fixed and
portable detection systems. Alphasense sensors provide critical
measurements of oxygen concentration, harmful toxic gases, and
volatile organic compounds across a wide range of industrial,
commercial, and environmental applications.
"We are excited to welcome Alphasense to AMETEK," comments
David A. Zapico, AMETEK Chairman and
Chief Executive Officer. "Alphasense is an excellent acquisition
for AMETEK and a highly complementary fit with our existing sensor
businesses expanding our presence in the attractive environmental
health and safety market."
Alphasense is headquartered in Great Notley, Essex, UK. Alphasense has annual sales of
approximately £25 million. Alphasense joins AMETEK as part of its
Electronic Instruments Group (EIG) - a leader in advanced
analytical, test and measurement instrumentation.
Corporate Profile
AMETEK is a leading global
manufacturer of electronic instruments and electromechanical
devices with annualized sales of $5.5
billion. The AMETEK Growth Model integrates the Four Growth
Strategies - Operational Excellence, New Product Development,
Global and Market Expansion, and Strategic Acquisitions - with a
disciplined focus on cash generation and capital deployment.
AMETEK's objective is double-digit percentage growth in earnings
per share over the business cycle and a superior return on total
capital. The common stock of AMETEK is a component of the S&P
500.
Contact:
Kevin
Coleman
Vice President, Investor Relations and Treasurer
kevin.coleman@ametek.com
Phone: 610-889-5247
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SOURCE AMETEK, Inc.