Ametek Acquires Creaform

Ametek announced that it has acquired Creaform, a developer and manufacturer of portable 3D measurement technologies and a provider of 3D engineering services, for approximately $120 million.  Based near Quebec City, Canada, the privately held company has annual sales of approximately $52 million.

"Creaform is an outstanding acquisition. It has an impressive R&D base and an industry-leading position across a number of high growth market applications. Creaform significantly expands the range of non-contact metrology products offered by our Ultra Precision Technology business," said Frank Hermance, Ametek chairman and CEO. "Creaform's innovative, optically-based product line and excellent customer base will expand our metrology sales into attractive segments closely adjacent to those of our existing Taylor Hobson and Solartron Metrology businesses."

Creaform will be part of Ametek's Electronic Instruments Group (EIG).

For more information, visit Ametek and Creaform.

Sources: Press materials received from the company and additional information gleaned from the company's website.