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AMETEK Acquires Land Instruments

-- Top News, 26 June 2006

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AMETEK Inc. announces it has acquired Land Instruments International Limited ("Land Instruments"), a global supplier of high-end analytical instrumentation. With its headquarters in Dronfield, United Kingdom, Land Instruments has annual sales of approximately £22 million ($41 million). It was acquired from an investor group led by 3i plc.
"Land Instruments is an excellent addition to our high-end process and analytical instruments business. It offers an extensive range of infrared temperature measurement, combustion efficiency and emissions monitoring instruments. With this acquisition, our high-end analytical instruments business now totals nearly $500 million in annualized sales," noted Frank S. Hermance, AMETEK Chairman and Chief Executive Officer.
Land Instruments joins AMETEK as part of its Electronic Instruments Group (EIG) - a recognized leader in advanced monitoring, testing, calibrating, and display instruments for the process, aerospace, power, and industrial markets with worldwide sales in 2005 of approximately $809 million.
www.ametek.com

           

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