AMETEK completes $340M acquisition of Rauland-Borg
February 08, 2017
Consulting Services | Mount Prospect, IL | Corporate Acquisition
Rauland-Borg is a provider of communication services to hospitals, healthcare systems and educational facilities; the company has annual revenue of approximately $160 million and is set to join the electronic instruments group at AMETEK (NYSE: AME), which boasts annual sales of $2.4 billion. In addition to the initial $340 million purchase price, the deal includes a contingent $30 million payment based on Rauland-Borg reaching certain performance benchmarks.