Ametek buys Motion Control Group
Industrial Distribution staff -- Industrial Distribution, 2/26/2008 7:55:00 AM
Ametek Inc. acquired the Motion Control Group for an undisclosed amount.Prior Lake, Minn.-based MCG makes motors and motion control solutions for the medical, life sciences, industrial automation, semiconductor and aviation markets. It posts annual sales of about $26 million.
Paoli, Pa.-based Ametek said it will integrate MCG into its Technical & Industrial Products division.
"MCG enjoys a strong reputation with its customers, has solid engineering capabilities and is an excellent strategic fit with our highly differentiated technical motor business, sharing common markets, customers, distribution channels and motor platforms," chairman and CEO Frank Hermance said. "MCG greatly enhances our capability in providing precision motion technology solutions. Its brush-commutated and brushless DC motors complement our existing motor business, while its linear motor line further broadens the range of solutions we offer the motion control market."
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