AMETEK, supplier of commercial expertise options, and FARO Applied sciences, a specialist in 3D measurement and imaging options, have entered right into a definitive settlement below which AMETEK will purchase all excellent shares of FARO for $44 per share in money. The acquisition worth displays a 40% premium over FARO’s closing share worth on Could 5, 2025, and values the corporate at roughly $920 million. The boards of administrators for each corporations have unanimously permitted the transaction.
“FARO is an impressive acquisition for AMETEK and a very good strategic match with our Extremely Precision Applied sciences division,” feedback David A. Zapico, AMETEK Chairman and Chief Government Officer. “FARO’s differentiated 3D metrology and imaging options increase our presence in engaging development markets. Its robust model, international buyer base, staff and expertise capabilities complement our current Creaform enterprise and supply compelling alternatives for development and margin growth.”
The transaction is topic to customary closing circumstances, together with regulatory approvals and the approval of FARO shareholders. Completion is anticipated within the second half of 2025.
About FARO Applied sciences
Based in 1981 and headquartered in Lake Mary, Florida, FARO Applied sciences supplies a broad vary of 3D measurement and imaging applied sciences. Its product portfolio consists of transportable measurement arms, laser scanners, trackers, specialised software program, and complete service choices. Serving a various set of industries corresponding to aerospace and protection, FARO generates roughly $340 million in annual income.
“We’re excited to hitch AMETEK and grow to be a part of its portfolio of industry-leading expertise companies,” mentioned Peter Lau, President, CEO, and Director of FARO Applied sciences. “AMETEK’s international scale, operational excellence, and dedication to innovation will assist us speed up our development and proceed to ship cutting-edge options to prospects worldwide.”
3D Printing Mergers and Acquisitions
AMETEK and FARO Applied sciences will not be the one corporations executing mergers and acquisitions in additive manufacturing. This month Sodick, a Japanese EDM producer, has finalized the acquisition of a metallic 3D printer producer Prima Additive, reinforcing its place within the metallic additive manufacturing sector. With the bulk stake secured, Prima Additive has formally exited the Prima Industrie Group and is now an entirely owned subsidiary of Sodick. Going ahead, the corporate will function below the title “Prima Additive by Sodick.”
The prevailing administration staff will stay in place, with CEO Paolo Calefati persevering with to steer the corporate. Plans are already underway to open a brand new manufacturing facility and increase R&D operations in Turin, Italy.
In April, Nano Dimension accomplished its acquisition of U.S. FDM 3D printer producer Markforged Holding Company.Nano Dimension’s deal for Markforged was first introduced in September 2024. Valued at $116 million, or $5.00 per share, the transaction has been sealed following the completion of regulatory approvals and satisfaction of customary closing circumstances. As a part of the settlement, Markforged’s Chief Monetary Officer, Assaf Zipori, has grow to be Nano Dimension’s new CFO. droive
Elsewhere, United Efficiency Metals (UPM), a US-based specialty metals options supplier and affiliate of O’Neal Industries, acquired Fabrisonic LLC, an Ohio-based 3D metallic printing manufacturing firm. The acquisition is meant to boost UPM’s manufacturing capabilities and increase its vary of options.
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Featured picture exhibits FARO Blink Imaging Laser Scanner. Picture through FARO Applied sciences.
