AMETEK Acquires CAMECA for $112 Million
CAMECA should prove to be an excellent addition to AMETEK’s growing portfolio of analytical instrument technologies. CAMECA’s technologies dovetail nicely with AMETEK’s material analysis capabilities, especially those based on X-ray analysis for metals composition and surface defects. The transaction is also a commitment to the semiconductor industry and its prospect for continuing strong performance. Both the Spectro and CAMECA acquisitions attest to AMETEK’s confidence in the opportunities afforded to it by investing in European-based businesses.
Paoli, PA 8/13/07; Paris, France 8/13/07—AMETEK has acquired CAMECA SAS, a manufacturer of secondary ion mass and low-energy X-ray emission spectrometers, as well as tomographic atom probes and electron probe microanalysis instrumentation, for €82 million ($112 million) from the Carlyle Group. Based in Paris, France, CAMECA has annual sales of approximately €60 million ($82 million). CAMECA will join AMETEK’s Electronic Instruments Group, which also includes its Spectro and EDAX businesses. “Our collaboration with the Carlyle Group has been highly successful; their expertise in the semiconductor industry and financial support has enabled us to substantially expand our Asian presence and to grow our revenues by over 60%,” stated CAMECA President and CEO Georges Antier. “We look forward to becoming part of AMETEK, which offers the international presence and infrastructure to help CAMECA’s products reach further in the global market.”
