AMETEK Acquires VTI Instruments
Expands AMETEK's Position in Precision Test and Measurement InstrumentsBerwyn, PA -- AMETEK, Inc. has acquired VTI Instruments, a leading manufacturer of high-precision test and measurement instrumentation, for $74 million. VTI, acquired from an investor group led by Merit Capital Partners and Alerion Capital Group, has annual sales of approximately $38 million. With its headquarters in Irvine, CA, VTI is a leading provider of highly engineered and customized products designed to deliver customers a complete, integrated solution for their critical test and measurement requirements. It