26-01-2012

Ametek announced it has acquired O'Brien corporation

AMETEK, Inc. today announced that it has acquired O'Brien Corporation, a leading manufacturer of fluid and gas handling solutions, sample conditioning equipment and process analyzers from Industrial Growth Partners for approximately $175 million. Based in St. Louis, MO, O'Brien Corporation has annual sales of approximately $80 million.

O'Brien's products and solutions are used in critical applications in process industries worldwide. O'Brien's comprehensive product offering includes pre-insulated tubing bundles, sample conditioning equipment, specialty tubing and fittings, instrument enclosures and process analyzers used in oil and gas production, refining, petrochemical processing, power generation, pharmaceutical manufacture and semiconductor fabrication.

"O'Brien's product lines are both highly differentiated and highly complementary to AMETEK's process instruments businesses. Combined with our analytical instrument solutions, AMETEK now can offer its customers a complete solution for most of their process analysis needs," comments Frank S. Hermance, AMETEK Chairman and Chief Executive Officer.

"We expect to leverage the strong customer relationships of the combined businesses and AMETEK's global capability to further extend O'Brien's reach in key process markets worldwide," adds Mr. Hermance.

O'Brien has manufacturing operations in St. Louis, MO, Carson City, NV, and Shanghai, China. It joins AMETEK as part of its Electronic Instruments Group (EIG) -- a recognized leader in advanced monitoring, testing, calibrating, and display instruments. AMETEK EIG, which sells its instruments to the process and analytical, aerospace, power and industrial markets worldwide, had 2011 sales of $1.6 billion.