Ametek, Inc. has announced the acquisition of Creaform, Inc. for approximately US$120 M$. Based in Lévis, Canada, the privately-owned company has annual sales of around CAD 52 M$. This acquisition is part of the external growth strategy pursued by the Ametek Group.
" The acquisition of Creaform is an extraordinary addition. Its R&D expertise is impressive, and it has a leading position in several fast-growing market segments. Creaform's arrival enables our Ultra Precision Technology division to significantly expand its range of non-contact metrology products.said Frank S. Hermance, President and CEO of Ametek. Creaform's innovative optical products and excellent customer base will enable us to increase our metrology sales in segments close to those of our Taylor Hobson and Solartron Metrology businesses. "
For the time being, this takeover will not change the internal organization of the Canadian company, nor that of its French subsidiary located in Fontaine, a suburb of Grenoble, near Minatec, the micro and nanotechnology innovation campus.