AMETEK, Inc. (Berwyn PA) has completed two acquisitions: Brookfield Engineering (Middleboro MA), manufacturer of viscometers and rheometers, and ESP/SurgeX (Knightdale NC), which supplies energy intelligence and power protection solutions.
“Brookfield Engineering and ESP/SurgeX are excellent acquisitions and strong additions to our Electronic Instruments Group. These businesses will allow us to expand our presence in laboratory instrumentation and power protection, two attractive growth platforms,” commented Frank S. Hermance, AMETEK Chairman/CEO.
“ESP is an excellent acquisition and a great strategic fit with our existing power protection platform,” noted Hermance. “The business is a leader in a highly differentiated niche market with industry-leading products and technologies that provide us with further opportunities to accelerate product innovation and market expansion worldwide.” ESP/SurgeX, has annual sales of about $40 million and was acquired for about $130 million. With manufacturing operations in Knightdale NC, It provides power protection, monitoring and diagnostic solutions, offering onsite and remote power protection products used by industries to lower service costs and ensure reliable electric power to critical equipment. Its technology is widely used by the business equipment, imaging, audiovisual, information technology, gaming and vending industries. ESP’s product portfolio includes surge elimination solutions, multistage power protection products, energy management solutions, and remote diagnostic and predictive capabilities. ESP/SurgeX joins AMETEK as part of the Power Systems and Instruments Division of its Electronic Instruments Group (EIG).
Brookfield offers a range of viscometers and rheometers, as well as instrumentation to analyze texture and powder flow. Its products are used primarily for quality control applications in the manufacture of products in a broad range of markets including food and beverage, pharmaceuticals, oil and gas, paints, solvents, chemicals, coatings and packaging. With annual sales of about $55 million, it was acquired for about $167 million. Headquartered in Middleboro MA, with additional operations in Germany, the United Kingdom, China and India, Brookfield joins AMETEK as a unit of its Instrumentation and Specialty Controls division within the AMETEK Electronic Instruments Group (EIG).