A maker of electronic instruments and electromechanical devices, Ametek supplies precision tools used in aerospace, medical, industrial, and defense settings—everything from pressure gauges and aircraft sensors to power supplies and floor-care motors sold under brands like Paragon and Lamb. Formed in 1930 through a merger of American Machine and Metals, it later shortened its name to Ametek, a blend of those original words. Its early years were anchored in scrap-metal recovery and fertilizer equipment before it moved into the high-tech instruments it's known for today.
AMETEK completes $5.0 billion all-cash acquisition of Indicor Instrumentation
Indicor Instrumentation designs and manufactures mission-critical solutions for industrial and scientific applications, with recurring revenue from consumables, services, and aftermarket support.
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AMETEK, Inc. completed its previously announced acquisition of Indicor Instrumentation from Indicor, LLC in an all-cash transaction valued at $5.0 billion.
The acquired businesses are expected to contribute approximately $350 million to AMETEK's 2026 sales and be modestly accretive to 2026 adjusted earnings.
The businesses will join AMETEK's Electronic Instruments Group (EIG) and Electromechanical Group (EMG) based on product offerings and market alignment.
The acquisition was announced via a press release dated August 26, 2026, furnished as Exhibit 99.1 to the Form 8-K.
8.01 Other Events · 9.01 Financial Statements and Exhibits
AMETEK increases commercial paper program capacity from $2.3B to $3.5B
On August 7, 2026, AMETEK, Inc. raised the maximum aggregate face amount of short-term, unsecured commercial paper notes under its program from $2.3 billion to $3.5 billion.
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All other material terms of the commercial paper program remain unchanged.
The program is expected to serve as a flexible funding source for various purposes, including acquisitions.
AMETEK's revolving credit facility will continue to act as a liquidity backstop, with combined indebtedness under the facility and program capped at $3.5 billion.
The notes are unregistered and will be offered only under applicable exemptions from registration requirements.
AMETEK enters $3.5B revolving credit and $4.0B term loan facilities to fund Indicor acquisition
On June 9, 2026, AMETEK amended and restated its revolving credit facility, increasing commitments from $2.3 billion to $3.5 billion and extending maturity to June 9, 2031.
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AMETEK also entered a $4.0 billion term loan agreement with three tranches: $1.625 billion (3-year), $1.625 billion (4-year), and $750 million (5-year).
Proceeds from the revolving facility and term loans will be used to fund the previously announced acquisition of Indicor Holdings, LLC, including up to $1.0 billion from the revolving facility.
The term loan funding is conditioned on the consummation of the Indicor Acquisition and is available in a single borrowing on the closing date.
The $5.0 billion bridge financing commitments obtained for the Indicor Acquisition were automatically reduced and terminated in full upon entering the new credit agreements.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits
AMETEK shareholders elect three directors and approve executive pay at May 7, 2026 annual meeting
Thomas A. Amato, Anthony J. Conti, and Gretchen W. McClain were elected to the Board for terms expiring in 2029; Amato received 182,796,796 votes for, Conti 174,230,378, and McClain 168,186,398.
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AMETEK held its Annual Meeting of Stockholders on May 7, 2026, and reported results in an 8-K filed May 11, 2026.
Shareholders approved, on a non-binding advisory basis, executive compensation with 183,197,200 votes for and 11,316,518 against.
The appointment of Ernst & Young LLP as independent auditor for fiscal year ending December 31, 2026 was ratified with 184,817,440 votes for.
Remaining board members have terms expiring in 2027 (Carpenter, Oberton, Stefany) and 2028 (Seavers, Zapico).
5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits
AMETEK appoints Nick L. Stanage to Board of Directors as independent Class III director
Stanage joins as an independent director with no arrangement or understanding with any other person regarding his appointment.
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Nick L. Stanage was appointed to AMETEK's Board of Directors effective May 7, 2026, as a Class III Director serving until the 2027 Annual Meeting.
As a non-employee director, Stanage will receive a pro rata portion of the $120,000 annual basic retainer fee and a pro rata equity award with a target value of $210,000 for 2026.
Stanage is the former Chairman and CEO of Hexcel Corporation and currently serves on the boards of Hexcel, Huntington Ingalls Industries, and TriMas Corporation.
A press release announcing the appointment was issued on May 8, 2026, and attached as Exhibit 99.1.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits
AMETEK agrees to acquire Indicor Instrumentation for ~$5.0 billion in cash
Indicor Instrumentation generates approximately $1.1 billion in annual sales and will be integrated into AMETEK's Electronic Instruments Group and Electromechanical Group.
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AMETEK, Inc. entered a definitive agreement to acquire Indicor Instrumentation from Indicor, LLC in an all-cash transaction valued at approximately $5.0 billion.
The acquisition will be funded through borrowings under AMETEK's existing credit facility and new debt issuance, with expected leverage at closing of ~2.3x.
The transaction is expected to close in the second half of 2026, subject to customary closing conditions and regulatory approvals.
AMETEK expects annualized synergies of 10% to 12% of sales and Year 1 cash earnings accretion.
8.01 Other Events · 9.01 Financial Statements and Exhibits