AMETEK, Inc. announced that it has acquired Micro-Poise Measurement Systems, a leading provider of integrated test and measurement solutions for the tire industry, from American Industrial Partners, a private equity firm, for approximately $170 million in cash.
Micro-Poise is headquartered in Streetsboro, OH, and has additional manufacturing operations in Troy, MI; Beijing, China; and Lübeck, Germany. It has estimated 2012 sales of approximately $125 million.
Micro-Poise joins AMETEK as part of AMETEK’s Electronic Instruments Group (EIG) – a recognized leader in advanced monitoring, testing, calibrating and display instruments with 2011 sales of $1.6 billion.
AMETEK
www.ametek.com
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