BERWYN, PA – Ametek is selling Reading Alloys to Kymera International for $250 million, according to reports.

Reading Alloys makes alloys and specialty materials for the aerospace, defense and industrial markets.

Ametek acquired the company in 2008. Reading Alloys’ sales have doubled since then to some $160 million. Reading employs about 120 people.

Kymera is a specialty materials company based in Research Triangle Park, NC. The all-cash deal is expected to close this quarter.

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