||Berwyn, PA — Ametek, Inc. has acquired VTI Instruments, a manufacturer of high-precision test and measurement instrumentation, for $74 million. VTI, acquired from an investor group led by Merit Capital Partners and Alerion Capital Group, has annual sales of approximately $38 million. With its headquarters in Irvine, CA, VTI provides highly engineered and customized products designed to deliver to customers a complete, integrated solution for their critical test and measurement requirements. It offers a wide range of signal conditioning and switching instruments, data acquisition solutions and integrated test systems for use in demanding electrical and structural testing applications where high measurement accuracy is critical.
VTI has operations in Irvine, California, and additional facilities in Cleveland, Ohio, and Bangalore, India. It joins Ametek as part of its Electronic Instruments Group (EIG).
Contact: Ametek, Inc., 1100 Cassatt Road, Berwyn, PA 19312 610-647-2121 fax: 215-323-9337 Web: http://www.ametek.com