Berwyn, PA 11/27/18; Chelmsford, MA 11/27/18—AMETEK, a manufacturer of electronic instruments and electromechanical devices, has acquired Spectro Scientific for $190 million. Spectro Scientific supplies solutions, including instrumentation and software, for the determination and monitoring of fluid conditions. The company generates annual revenues of $50 million. “[Spectro Scientific’s] differentiated solutions serve an increasing need for predictive maintenance in a broad and growing set of end-markets, including military and defense, process, power generation and transportation,” stated AMETEK Chairman and CEO David A. Zapico, “Spectro’s solutions nicely complement our strategy to integrate instrumentation data with cloud-based software and analytics.”

Spectro Scientific’s product lines include online and lab analysis systems utilizing atomic or molecular spectroscopy techniques for the analysis of fluids, such as engine oil, lubricants and hydraulic fluids. The acquisition enhances AMETEK Electronic Instruments Group sizable presence in oil and fuel analysis. Spectro Scientific was sold by SFW Capital Partners, which acquired the firm in 2011 (see IBO 8/15/11).