AMETEK Acquires Amplifier Research Corp.; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
AMETEK, Inc. has acquired Amplifier Research Corp., a company based in Souderton, Pennsylvania with annual sales of approximately $60 million. The terms of the deal were not disclosed.
October 31, 2023 | 11:02 am
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POSITIVE IMPACT
AMETEK's acquisition of Amplifier Research Corp. could potentially boost its revenues, given the latter's annual sales of $60 million.
Acquisitions often lead to an increase in revenues for the acquiring company, especially if the acquired company has a significant sales volume. In this case, Amplifier Research Corp.'s annual sales of $60 million could potentially contribute to AMETEK's revenue growth.
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IMPORTANCE 70
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