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Ametek acquires Creaform for $120 million

| By Mary Page Bailey

Ametek, Inc. (Berwyn, Pa.; www.ametek.com) has acquired Creaform, Inc., a developer and manufacturer of portable 3-D measurement technologies and a provider of 3-D engineering services for approximately $120 million. Based near Québec City, Canada, the privately held company has annual sales of approximately $52 million.

Creaform also operates innovation centers in Lévis and Grenoble, France, and has direct sales operations in the United States, France, Germany, China, Japan and India. It joins Ametek as part of its Electronic Instruments Group (EIG), a leader in advanced monitoring, testing, calibrating, and display instruments with 2012 sales of $1.9 billion.