WASHINGTON (dpa-AFX) - AMETEK, Inc. (AME) said it has completed the previously announced acquisition of the parent company of Dunkermotoren GmbH. The privately held manufacturer has expected 2012 sales of approximately $200 million and is headquartered in Bonndorf, Germany. AMETEK acquired the business from Triton, a European private equity firm for about 250 million euros, or $320 million, net of cash received.
AMETEK projects the acquisition of Dunkermotoren to be immediately accretive, adding approximately $0.02 per share to 2012 earnings and approximately $0.10 per share to earnings in 2013.
The business joins AMETEK as part of AMETEK Precision Motion Control, a division of AMETEK's Electromechanical Group.
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