AMETEK Inc. Acquires Brookfield Engineering Laboratories
BERWYN, PA – AMETEK Inc. has completed two acquisitions: Brookfield Engineering Laboratories, a leading manufacturer of viscometers and rheometers, and ESP/SurgeX, a leader in energy intelligence and power protection solutions.
“Brookfield Engineering and ESP/SurgeX are excellent acquisitions and strong additions to our Electronic Instruments Group. These businesses will allow us to expand our presence in laboratory instrumentation and power protection, two attractive growth platforms,” said Frank S. Hermance, AMETEK Chairman and Chief Executive Officer.
Brookfield offers a complete range of viscometers and rheometers as well as instrumentation to analyze texture and powder flow. Its products are used primarily for quality control applications in the manufacture of products in a broad range of markets including food and beverage, pharmaceuticals, oil and gas, paints and coatings, solvents, chemicals, and packaging.
“Brookfield is an outstanding acquisition. It is the global leader in viscosity measurement instrumentation. Its products and technologies complement our existing laboratory instrumentation businesses and provide us with opportunities to expand that business platform into a broader range of markets and applications,” comments Mr. Hermance.
Brookfield Engineering Laboratories, with annual sales of approximately $55 million, was acquired for approximately $167 million. Headquartered in Middleboro, MA, with additional operations in Germany, the UK, China and India, Brookfield joins AMETEK as a unit of its Instrumentation and Specialty Controls division within the AMETEK Electronic Instruments Group (EIG). Brookfield’s official name has changed to Brookfield AMETEK.
ESP/SurgeX is a leader in power protection, monitoring, and diagnostic solutions. It is the leading industry provider of on-site and remote power protection products used by industries to lower service costs and ensure reliable electric power to critical equipment.