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Electronic Equipment & Products M&A image Electronic Equipment & Products M&A » By The Online Investor Staff, updated Fri., Apr. 26, 1:33 AM Recent mergers and acquisitions in the Electronic Equipment & Products M&A category.

Slide #74. AMETEK, Inc. Powervar

Acquirer: AMETEK, Inc. (NYSE:AME)
Acquiree: Powervar
Details: AMETEK, Inc. announced that it has acquired Powervar, a leading provider of power management systems and uninterruptible power supply (UPS) systems, for approximately $128 million. Headquartered in Waukegan, IL, the privately held company has annual sales of approximately $70 million.

AMETEK is a global manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia and South America. Co.'s products are marketed and sold worldwide through the following operating groups: Electronic Instruments (EIG) and Electromechanical (EMG). EIG is engaged in the design and manufacture of analytical, test and measurement instruments for the process, aerospace, medical, research, power and industrial markets. EMG is a supplier of automation solutions, thermal management systems, specialty metals and electrical interconnects.

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Company Name:  AMETEK Inc
Stock buyback:  AME buyback
Website:  www.ametek.com
Sector:  Electronic Equipment & Products
Number of ETFs Holding AME:  100
Total Market Value Held by ETFs:  $6.01B
Total Market Capitalization:  $41.55B
% of Market Cap. Held by ETFs:  14.46%
 

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April 26, 2024    1:33 AM Eastern
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Buy (3.15 out of 4)
37th percentile
(ranked lower than approx. 63% of all stocks covered)

Analysts' Target Price:
AME Stock Forecast

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