AMETEK to acquire Solarton Companies.
The Solartron Group's senior management will stay with the company, including director Allan Imrie. In 2004, the Solartron Group, excluding Solartron Analytical, posted sales of 16.5 million [pounds sterling] ($30.5 million), a gross profit of 6.8 million [pounds sterling] ($12.6 million) and an operating profit of 3.1 million [pounds sterling] ($5.7 million). Solartron Analytical had been a product line of Roxboro's Mobrey Companies, makers of process measurement and control equipment, which was sold to Emerson in July for 26.0 million [pounds sterling] ($48.1 million). In 2004, Solartron Analytical recorded 8.5 million [pounds sterling] ($15.7 million) in sales and a gross profit of 3.7 million ($6.9 million).
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|Title Annotation:||Executive Briefing: News, Trends & Market Intelligence for Instrument Executives|
|Publication:||Instrument Business Outlook|
|Date:||Aug 31, 2005|
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