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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):   May 21, 2012

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 May 21, 2012, AMETEK, Inc. issued a press release to announce the completion of the previously announced pending acquisition of the parent company of Dunkermotoren GmbH. 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.





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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.
          
May 21, 2012   By:   /s/ Robert R. Mandos, Jr.
       
        Name: Robert R. Mandos, Jr.
        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 May 21, 2012.
EX-99.1

CORPORATE OFFICE
1100 Cassatt Road, Berwyn, PA 19312

Exhibit 99.1

Contact: Kevin C. Coleman (610) 889-5247

AMETEK COMPLETES ACQUISITION OF DUNKERMOTOREN
—Acquisition Will Add Approximately $0.10 Per Diluted Share to 2013 Earnings—

Berwyn, PA, May XX, 2012— AMETEK, Inc. (NYSE: AME) today announced that it has completed the previously announced acquisition of the parent company of Dunkermotoren GmbH, a leader in advanced motion control solutions for a wide range of industrial automation applications. The privately held manufacturer has expected 2012 sales of approximately €155 million ($195 million) and is headquartered in Bonndorf, Germany. AMETEK acquired the business from Triton, a European private equity firm for approximately €250 million ($315 million), net of cash received.

The acquisition of Dunkermotoren is expected to be immediately accretive, adding approximately $0.02 per diluted share to 2012 earnings and approximately $0.10 per diluted share to earnings in 2013.

“We are excited about the acquisition of such an outstanding company in Dunkermotoren, said Frank S. Hermance, AMETEK Chairman and Chief Executive Officer. Dunkermotoren is a global leader in highly engineered advanced motion control solutions for niche applications. It is an excellent strategic and highly complementary fit with our Precision Motion Control business. It expands our leadership position in niche rotary and linear motion applications. In addition, it broadens our manufacturing capabilities in both Europe and China, and greatly expands our presence in key industrial end markets.”

Dunkermotoren is a leader in advanced motion control solutions for a wide range of industrial automation applications, including factory equipment, office machines, medical devices and laboratory equipment. In addition to its facility in Bonndorf, Germany, Dunkermotoren has manufacturing operations in China and Serbia.

The business joins AMETEK as part of AMETEK Precision Motion Control, a division of AMETEK’s Electromechanical Group (EMG). AMETEK EMG, which had 2011 sales of $1.3 billion, is a leader in technical motors and associated systems, electrical interconnects, and specialty metals

Corporate Profile
AMETEK, Inc. is a leading global manufacturer of electronic instruments and electro-mechanical devices with annualized sales of $3.3 billion. AMETEK’s Corporate Growth Plan is based on Four Key Strategies: Operational Excellence, Strategic Acquisitions & Alliances, 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 MidCap 400 and the Russell 1000 Indices.

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AMETEK AGRESS TO ACQUIRE DUNKERMOTOREN
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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 our 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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