AMETEK (NYSE: AME) buys $5B Indicor unit, expected to add to 2026 sales and earnings
Rhea-AI Filing Summary
AMETEK, Inc. (AME) announced the completion of its previously disclosed acquisition of a portfolio of instrumentation businesses from Indicor, LLC, referred to as Indicor Instrumentation, in an all‑cash transaction valued at $5.0 billion.
Indicor Instrumentation comprises leading businesses that design and manufacture mission-critical solutions for demanding industrial and scientific applications, with products serving attractive end markets that align closely with AMETEK’s existing portfolio. These businesses generate a substantial base of recurring revenue from consumables, services, and aftermarket support, and are expected to contribute approximately $350 million to AMETEK’s 2026 sales. AMETEK expects the acquisition to be modestly accretive to its 2026 adjusted earnings. The acquired businesses will be integrated into AMETEK’s Electronic Instruments Group and Electromechanical Group based on product offerings and market alignment.
AMETEK describes itself as a leading global provider of industrial technology solutions with annualized sales of approximately $9.0 billion and an objective of double‑digit percentage growth in earnings per share over the business cycle.
Positive
- $5.0 billion all-cash acquisition of Indicor Instrumentation completed, adding mission-critical industrial and scientific solutions aligned with AMETEK’s existing portfolio.
- Indicor Instrumentation is expected to contribute approximately $350 million to 2026 sales, expanding AMETEK’s revenue base.
- The acquisition is expected to be modestly accretive to 2026 adjusted earnings, supporting AMETEK’s earnings growth objectives.
- AMETEK highlights a strong base of recurring revenue from Indicor Instrumentation’s consumables, services, and aftermarket support, enhancing revenue visibility.
Negative
- None.
Insights
Analyzing...
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Indicor Instrumentation acquisition value: $5.0 billion all‑cash
Expected 2026 sales contribution from Indicor Instrumentation: $350 million
AMETEK annualized sales: $9.0 billion
+2 more
5 metrics
Indicor Instrumentation acquisition value
$5.0 billion all‑cash
Transaction value for the completed acquisition of Indicor Instrumentation
Expected 2026 sales contribution from Indicor Instrumentation
$350 million
Indicor Instrumentation contribution to AMETEK’s 2026 sales
AMETEK annualized sales
$9.0 billion
Annualized sales for AMETEK as described in its corporate profile
Earnings per share growth objective
Double‑digit percentage
AMETEK’s stated objective for EPS growth over the business cycle
Completion date of Indicor Instrumentation acquisition
August 26, 2026
Date AMETEK announced completion of the acquisition
Key Terms
mission-critical solutions, recurring revenue, adjusted earnings, Electronic Instruments Group (EIG), +2 more
6 terms
mission-critical solutions technical
"design and manufacture mission-critical solutions for demanding industrial and scientific"
recurring revenue financial
"generate a substantial base of recurring revenue from consumables, services"
Revenue that a company expects to receive on a regular, predictable basis from ongoing sources such as subscriptions, service contracts, or repeat customer purchases. It matters to investors because it provides steadier cash flow and makes future earnings easier to forecast—like a landlord collecting monthly rent instead of one-off sales—supporting higher valuations and lower risk when those payments are reliable and customers tend to stay.
adjusted earnings financial
"expected to be modestly accretive to AMETEK’s 2026 adjusted earnings"
Adjusted earnings are a company’s profit figure that has been altered to remove one-time, unusual or non-operational items so it better reflects the business’s regular performance. Think of it like looking at a household budget but ignoring a big, unusual expense or windfall to see what normal monthly cash flow looks like; investors use adjusted earnings to compare companies and trends, but should watch what is excluded because choices can change the picture.
Electronic Instruments Group (EIG) technical
"businesses join AMETEK’s Electronic Instruments Group (EIG) and Electromechanical"
Electromechanical Group (EMG) technical
"Electronic Instruments Group (EIG) and Electromechanical Group (EMG) based on"
all‑cash transaction financial
"acquisition ... in an all‑cash transaction valued at $5.0 billion"
FAQ
What acquisition did AMETEK (AME) just complete?
AMETEK completed its previously announced acquisition of Indicor Instrumentation, a portfolio of instrumentation businesses from Indicor, LLC, in an all‑cash transaction valued at $5.0 billion, adding mission-critical industrial and scientific solutions to its portfolio.
How much did AMETEK (AME) pay for Indicor Instrumentation?
AMETEK completed an all‑cash transaction valued at $5.0 billion to acquire Indicor Instrumentation, a group of businesses that design and manufacture mission-critical solutions for demanding industrial and scientific applications.
What is the expected 2026 sales contribution from Indicor Instrumentation to AMETEK (AME)?
Indicor Instrumentation is expected to contribute approximately $350 million to AMETEK’s 2026 sales, reflecting the added scale from the acquired portfolio of instrumentation businesses.
Will the Indicor Instrumentation acquisition affect AMETEK (AME) earnings?
Yes. AMETEK states that the Indicor Instrumentation acquisition is expected to be modestly accretive to 2026 adjusted earnings, indicating a positive impact on its adjusted earnings profile in that year.
Into which AMETEK (AME) segments will Indicor Instrumentation be integrated?
The Indicor Instrumentation businesses will join AMETEK’s Electronic Instruments Group (EIG) and Electromechanical Group (EMG), with placement based on product offerings and market alignment.
What are AMETEK’s (AME) current annualized sales and growth objective?
AMETEK reports annualized sales of approximately $9.0 billion and states an objective of double‑digit percentage growth in earnings per share over the business cycle, along with a superior return on total capital.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________
FORM 8-K
__________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 26, 2026
__________________
(Exact name of registrant as specified in its charter)
__________________
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||
Registrant’s telephone number, including area code: (610 ) 647-2121
Not Applicable
(Former name or former address, if changed since last report)
__________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 8.01 Other Events
On August 26, 2026, the Company issued a press release announcing the completion of its previously announced acquisition of a portfolio of instrumentation businesses from Indicor, LLC ("Indicor Instrumentation"), comprising leading businesses that design and manufacture mission-critical solutions for demanding industrial and scientific applications. A copy of the release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||
99.1 | Press Release dated August 26, 2026, “AMETEK Completes Acquisition of Indicor Instrumentation" | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AMETEK, Inc. | |||||||||||
| August 26, 2026 | By: | /s/ ROBERT J. AMODEI | |||||||||
| Name: Robert J. Amodei | |||||||||||
| Title: Senior Vice President – Controller | |||||||||||
Exhibit 99.1
AMETEK Completes Acquisition of Indicor Instrumentation
Berwyn, Pa., August 26, 2026 - AMETEK, Inc. (NYSE: AME) today announced that it has completed its previously announced acquisition of a portfolio of instrumentation businesses from Indicor, LLC, (“Indicor Instrumentation”) in an all‑cash transaction valued at $5.0 billion.
Indicor Instrumentation is a group of leading businesses that design and manufacture mission-critical solutions for demanding industrial and scientific applications. Its products serve customers across attractive end markets that align closely with AMETEK’s existing portfolio and generate a substantial base of recurring revenue from consumables, services and aftermarket support.
“We are excited to complete this highly strategic acquisition and to welcome the Indicor Instrumentation team to AMETEK,” said David A. Zapico, AMETEK Chairman and Chief Executive Officer. “With its mission-critical solutions, deep technical expertise, and strong positions in attractive end markets, Indicor Instrumentation is an excellent fit with AMETEK. We also see meaningful opportunities to create value through integration into our proven operating model.”
Indicor Instrumentation is expected to contribute approximately $350 million to AMETEK’s 2026 sales and is expected to be modestly accretive to AMETEK’s 2026 adjusted earnings. The Indicor Instrumentation businesses join AMETEK’s Electronic Instruments Group (EIG) and Electromechanical Group (EMG) based on product offerings and market alignment.
Corporate Profile
AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annualized sales of approximately $9.0 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions - with a disciplined focus on cash generation and capital deployment. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 95 years and is a component of the S&P 500. For more information, visit www.ametek.com.
Contact:
Kevin Coleman
Vice President, Investor Relations and Treasurer
kevin.coleman@ametek.com
Phone: 610-889-5247
