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January 3, 2014
08:32 EDTAMEAmetek acquires Teseq Group for $92M
Ametek announced that it has acquired Teseq Group, a manufacturer of test and measurement instrumentation for electromagnetic compatibility testing for $92M. Headquartered in Luterbach, Switzerland, the privately held company has annual sales of approximately $53M. Teseq manufactures a line of conducted and radiated EMC compliance testing systems and RF amplifiers for a wide range of industries, including aerospace, automotive, consumer electronics, medical equipment, telecommunications and transportation.
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