Berwyn, PA 2/1/18—AMETEK, a manufacturer of electronic instruments and electromechanical devices, has acquired moisture and gas measurement instrument company Arizona Instrument for $38 million. Arizona Instrument’s annual revenues total $15 million. “Arizona Instrument is an exciting addition to AMETEK’s growing presence in the food, pharmaceutical and environmental markets and nicely complements our Brookfield Engineering business,” said AMETEK Chairman and CEO David A. Zapico. The company becomes part of AMETEK’s Electronic Instruments Group.

Arizona Instruments provides the Computrac line of moisture balances, and the Jerome products, which are spectroscopy-based handheld and online instrument for mercury and hydrogen sulfide analysis. According to AMETEK’s quarterly conference call, aftermarket sales account for about 40% of Arizona Instrument’s total sales.