M&A Deal Summary

AMETEK Acquires Sunpower

On January 2, 2013, AMETEK acquired machinery company Sunpower

Acquisition Highlights
  • This is AMETEK’s 2nd transaction in the Machinery sector.
  • This is AMETEK’s 34th transaction in the United States.
  • This is AMETEK’s 2nd transaction in Ohio.

M&A Deal Summary

Date 2013-01-02
Target Sunpower
Sector Machinery
Buyer(s) AMETEK
Deal Type Add-on Acquisition

Target

Sunpower

Athens, Ohio, United States
Sunpower designs and develops high reliability cryocoolers and externally heated Stirling cycle engines. Its cryocoolers are used to lower temperatures below -150 degrees C without the use of expensive liquid nitrogen, while its heat engines are used in micro co-generation (heat and power) devices.

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Buyer(S) 1

Buyer

AMETEK

Berwyn, Pennsylvania, United States

Category Company
Founded 1930
Sector Test/Measurement Equipment
Employees21,500
Revenue 6.9B USD (2024)
DESCRIPTION
Entrance to AMETEK's headquarters in Berwyn, Pennsylvania.
Entrance to AMETEK's headquarters in Berwyn, Pennsylvania.

AMETEK is a global manufacturer of electronic instruments and electromechanical devices. AMETEK was founded in 1930 and is based in Berwyn, Pennsylvania.


DEAL STATS #
Overall 39 of 74
Sector: Machinery M&A 2 of 6
Type: Add-on Acquisition M&A Deals 34 of 67
State: Ohio M&A 2 of 3
Country: United States M&A 34 of 60
Year: 2013 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-02 Crystal Engineering

San Luis Obispo, California, United States

Crystal Engineering Corp.,headquartered in San Luis Obispo, CA, Crystal Engineering has high-end pressure measurement technology and manufactures high-end portable digital pressure calibrators and digital test gauges that fit well with AMETEK's JOFRA® temperature and pressure calibrators.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-07 Controls Southeast

Pineville, North Carolina, United States

Controls Southeast, Inc. is a provider of bolt-on heating systems for piping, tanks, valves and instrumentation, as well as jacketed piping systems and full-service system engineering and design, field consulting and installation support for a broad range of critical industrial processes.

Buy $160M