Berwyn-based Ametek, a manufacturer of electronic instruments, has set its sights on acquiring Indicor’s testing and measurement businesses in a potential multibillion-dollar deal, writes Jonathan Diamond for the Philadelphia Business Journal.
North Carolina-based Indicor, which manufactures equipment for the agriculture and automotive industries, is a portfolio company owned by private equity firm Clayton Dubilier & Rice.
While the terms of the potential deal are still unknown, it is likely the businesses would be valued at around $5 billion. The talks between Ametek and Indicor are exclusive and could be finalized with a deal in the coming weeks.
This would mark the latest deal completed under Ametek Chief Executive Officer David Zapico. The company paid around $920 million last summer to acquire Faro Technologies, based in Lake Mary, Florida, which produces 3D measurement-and-imaging technology. At the time, the transaction was one of Ametek’s largest purchases.
The company acquired computing-systems company Abaco Systems in Alabama for $1.35 billion five years ago and purchased Florida-based Gatan in 2019 for $925 million.
It also expanded internationally with deals such as Munich-based Kern Microtechnik for about $56 million in 2025 and Canadian Virtek Vision in the year before that.
Read more about Ametek aiming to acquire Indicor in North Carolina in the Philadelphia Business Journal.
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