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AMETEK, Inc. (Form: 8-K)  

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     
Date of Report (Date of Earliest Event Reported):   August 4, 2016

AMETEK, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 1-12981 14-1682544
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
1100 Cassatt Road, Berwyn, Pennsylvania   19312
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   610-647-2121

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 8.01 Other Events.

On August 4, 2016, AMETEK, Inc. issued a press release to announce it has completed two acquisitions: Nu Instruments and HS Foils. A copy of such press release is attached as Exhibit 99.1. The information contained in said press release is hereby incorporated by reference in this Form 8-K.





Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Copy of press release issued by AMETEK, Inc. on August 4, 2016.





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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    AMETEK, Inc.
          
August 4, 2016   By:   /s/ Thomas M. Montgomery
       
        Name: Thomas M. Montgomery
        Title: Senior Vice President - Comptroller

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Exhibit Index


     
Exhibit No.   Description
 
99.1
  Copy of press release issued by AMETEK, Inc. on August 4, 2016.
EX-99.1

Exhibit 99.1

Contact: Kevin Coleman +1 610-889-5247

AMETEK Completes Two Acquisitions

— Nu Instruments Adds to Position in High-End Elemental Analysis —
— HS Foils Brings Unique Technology to Materials Analysis Business —

BERWYN, PA, AUGUST 4, 2016 – AMETEK, Inc. (NYSE: AME) today announced that it has completed two acquisitions: Nu Instruments, a leading provider of high-performance mass spectrometers used for elemental and isotopic analysis, and HS Foils, a provider of radiation detector components, including ultrathin radiation windows, silicon drift detectors and x-ray filters.

“Nu Instruments and HS Foils are both excellent, highly strategic acquisitions for the Materials Analysis Division within our Electronic Instruments Group. They provide unique technical capabilities and allow us to strengthen and expand our high-end analytical instrumentation portfolio,” comments David A. Zapico, AMETEK Chief Executive Officer.

Nu Instruments
Nu Instruments offers a full suite of magnetic sector mass spectrometers used in advanced laboratory analysis across demanding research applications in earth and environmental sciences, material characterization, and nuclear isotope analysis. Nu’s customers include leading universities, research institutions, and technical manufacturing and materials analysis companies.

“Nu Instruments further broadens our product offering and technical capabilities in high-end analytical instrumentation,” adds Mr. Zapico. “Its products and markets are highly complementary with our CAMECA advanced elemental analysis business and it provides us with opportunities for accelerating product innovation and market expansion worldwide.”

Headquartered in Wrexham, UK, Nu Instruments is a privately held company with annual sales of approximately $25 million. It joins AMETEK as part of the Materials Analysis Division within AMETEK’s Electronic Instruments Group (EIG).

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AMETEK COMPLETES TWO ACQUISITIONS
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HS Foils
HS Foils is the developer of patented silicon nitride window technology that significantly expands the limits of X-ray window performance and areas of application. It also has extensive expertise in silicon PIN and silicon drift detector manufacturing.

“With HS Foils, we acquire an exciting silicon nitride window technology that is highly complementary to our Materials Analysis businesses, including Amptek, EDAX, CAMECA and SPECTRO,” says Mr. Zapico. “The addition of HS Foils will enable world-class instrument performance across our businesses.”

HS Foils is privately held and based in Helsinki, Finland. It joins AMETEK as part of Amptek within the Materials Analysis Division within AMETEK’s Electronic Instruments Group (EIG).

AMETEK EIG is a leader in advanced analytical, monitoring, testing, calibrating and display instruments with annual sales of $2.4 billion.

Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electro-mechanical devices with annual sales of $4.0 billion. AMETEK’s Corporate Growth Plan is based on Four Key Strategies: Operational Excellence, Strategic Acquisitions, Global & Market Expansion, and New Products. AMETEK’s objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. The common stock of AMETEK is a component of the S&P 500 Index.

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AMETEK COMPLETES TWO ACQUISITIONS
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Forward-looking Information
Statements in this news release relating to future events, such as AMETEK’s expected business and financial performance, are “forward-looking statements.” Forward-looking statements are subject to various factors and uncertainties that may cause actual results to differ significantly from expectations. These factors and uncertainties include AMETEK’s ability to consummate and successfully integrate future acquisitions; risks associated with international sales and operations; AMETEK’s ability to successfully develop new products, open new facilities or transfer product lines; the price and availability of raw materials; compliance with government regulations, including environmental regulations; changes in the competitive environment or the effects of competition in our markets; the ability to maintain adequate liquidity and financing sources; and general economic conditions affecting the industries we serve. A detailed discussion of these and other factors that may affect AMETEK’s future results is contained in AMETEK’s filings with the U.S. Securities and Exchange Commission, including its most recent reports on Form 10-K, 10-Q and 8-K. AMETEK disclaims any intention or obligation to update or revise any forward-looking statements.

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