NYSE-Quoted AMETEK Acquires Two Businesses in India

NYSE-quoted AMETEK, Inc., a global manufacturer of electronic instruments and electromechanical devices, has acquired the assets of two affiliated businesses headquartered in Mumbai, India, Unispec Marketing Pvt. Ltd. and Thelsha Technical Services Pvt. Ltd.
The acquisition of the companies will provide AMETEK with a sales, distribution and service network with 11 offices across India.
Commenting on the deals, Frank S. Hermance, AMETEK Chairman and Chief Executive Officer, said: “Unispec Marketing currently represents our Spectro Analytical Instruments business among others in India, while its Thelsha Technical Services affiliate provides installation and post-sales service for those instruments.

These acquisitions aim at strengthening the presence of the company in India through AMETEK Instruments India Private Limited (AIIPL), which was established earlier this year.
AIIPL provide pre- and post-sales support to AMETEK customers from a facility in Whitefield, Bangalore that includes instrument demonstration and training, a repair facility and workspace for sales, service and engineering employees.

FinSMEs

28/09/2009

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