AMETEK acquires Spectro Scientific
Published by Alex Hithersay,
Editorial Assistant
Hydrocarbon Engineering,
Spectro Scientific, one of the world’s largest suppliers of fluid analysis instrumentation and software, has been purchased by AMETEK Inc.
Spectro has annual sales of approximately US$50 million and was acquired for approximately US$190 million.
Spectro was a privately held company and is headquartered in Chelmsford, Massachusetts, US. It joins AMETEK as part of its Electronic Instruments Group (EIG), which covers advanced analytical, monitoring, testing, calibrating and display instruments with annualised sales of $3.0 billion.
Spectro Scientific’s product offerings include spectrometers for wear metal analysis, lubricant degradation and contamination analysers, particle analysis instruments, complete turnkey systems for oil or fuel analysis laboratories and the TruVu 360™ enterprise fluid intelligence data management platform.
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/29112018/ametek-acquires-spectro-scientific/
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