United Electronic Industries Becomes Part of the AMETEK Family

AMETEK, Inc. (NYSE: AME) has made a significant move in expanding its capabilities with the acquisition of United Electronic Industries (UEI), a prominent provider of cutting-edge data acquisition and control solutions. UEI's expertise lies in delivering high-performance solutions tailored for the aerospace, defense, energy, and semiconductor industries.

UEI is renowned for its innovative designs and manufacturing prowess in developing top-tier test, measurement, simulation, and control solutions. These solutions empower clients to construct intelligent, dependable, flexible, and robust systems. UEI's products find critical applications in various mission-critical scenarios, including flight simulation and training, machine health and usage monitoring, and automated testing.

David A. Zapico, Chairman, and Chief Executive Officer of AMETEK, expressed his enthusiasm about this strategic acquisition, stating, "We are excited to welcome United Electronic Industries to the AMETEK family. UEI is an excellent strategic fit with our Power Systems and Instruments Division. Their innovative solutions nicely complement our existing testing and data acquisition expertise, helping broaden our presence in serving attractive market segments and applications."

Headquartered in Norwood, Massachusetts, UEI boasts an impressive annual sales figure of approximately $35 million. The integration of UEI into AMETEK aligns it with the Electronic Instruments Group (EIG), a division that leads the industry in advanced analytical, monitoring, testing, calibrating, and display instrumentation.

This acquisition marks another significant step for AMETEK as it continues to expand its influence in critical industries and fortify its position as a leading provider of advanced solutions.