CHELMSFORD, MA – Ametek has acquired Spectro Scientific for approximately $190 million.
Spectro supplies fluid analysis instrumentation and software and has annual sales of approximately $50 million.
The firm joins Ametek as part of its Electronic Instruments Group (EIG), with annualized sales of $3 billion.
“Spectro is an excellent acquisition for Ametek,” said David A. Zapico, Ametek chairman and CEO. “Their differentiated solutions serve an increasing need for predictive maintenance in a broad and growing set of end markets, including military and defense, process industrial, power generation and transportation. Spectro’s solution offering nicely complements our strategy to integrate instrumentation data into cloud-based software and analytics.”