AMETEK to Acquire Indicor Instrumentation for $5 Billion
AMETEK has agreed to acquire Indicor Instrumentation for approximately $5 billion. This acquisition brings in $1.1 billion in annual sales. The deal involves the purchase of CD&R-owned Indicor's instrumentation businesses.
AMETEK, Inc. has entered into a definitive agreement to acquire the portfolio of instrumentation businesses of Indicor, LLC for approximately $5 billion — a deal that will add $1.1 billion in annual sales and deepen AMETEK's position in mission-critical industrial measurement and process control. Indicor's portfolio spans 16 highly-engineered product lines including pumps, sensors, test and measurement equipment, and analytical instruments serving industrial, aerospace, and laboratory markets.
The seller is Clayton, Dubilier & Rice (CD&R), the private equity firm that acquired the businesses in a 2022 carveout from Roper Technologies. The transaction represents CD&R's largest partial exit of 2026. AMETEK plans to integrate the acquired businesses into its Electronic Instruments Group (EIG) and Electromechanical Group (EMG), consistent with its strategy of bolt-on acquisitions in precision instrumentation.
The all-cash deal is expected to close in the second half of 2026, subject to regulatory approvals. AME will finance the acquisition through its existing credit facility supplemented by new debt. The transaction extends AMETEK's record of accretive M&A, adding specialized instrumentation capabilities that complement existing product lines while expanding exposure to high-growth industrial automation markets.
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