Deal Details
Acquisition of Zygo Corporation
Summary
Baird served as exclusive financial advisor to AMETEK
About
AMETEK, Inc. (“AMETEK”) (NYSE: AME) recently completed the acquisition of Zygo Corporation (“Zygo”) (Nasdaq: ZIGO) at a price of $19.25 per share, resulting in an aggregate enterprise value of the transaction of approximately $280 million. Zygo is a worldwide supplier of optical metrology instruments, precision optics and electro-optical design and manufacturing services serving customers in the semiconductor equipment, bio-medical, scientific and industrial markets. Founded in 1970, Zygo is headquartered in Middlefield, Connecticut. AMETEK is leading global manufacturer of electronic instruments and electro-mechanical devices. AMETEK markets its products worldwide through two operating groups, the Electronic Instruments Group (“EIG”) and the Electromechanical Group (“EMG”). EIG provides monitoring, testing, calibration and display devices for the process, aerospace, power and industrial markets. EMG produces highly engineered electrical connectors for electronic applications; precision motion control solutions; specialty metals and alloys; and electric motors, blowers and heat exchangers. AMETEK is headquartered in Berwyn, Pennsylvania.For additional information about this transaction, please contact:
- Date
- June 2014
- Company
- AMETEK, Inc.
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- North America
- Acquiror Geography
- North America
Share
