AMETEK Acquires Global Tubes

Acquisition Broadens AMETEK's Specialty Metals OfferingsBerwyn, PA – AMETEK, Inc. has acquired Global Tubes, a leading manufacturer of high-precision, small-diameter metal tubing, for approximately $200 million.  The business has annual sales of approximately $120 million. Global Tubes is comprised of two businesses:  Fine Tubes, based in Plymouth, U.K., and Superior Tube, based in Collegeville, PA. Global Tubes manufactures highly customized metal tubing from a wide variety of metals and alloys, including stainless steel, nickel, zirconium and titanium.  Its products are used in highly