Ametek acquires VTI Instruments for $74M Ametek announced that it has acquired VTI Instruments, a manufacturer of high precision test and measurement instrumentation for $74M. VTI, acquired from an investor group led by Merit Capital Partners and Alerion Capital Group, has annual sales of approximately $38M.
Ametek earns 'solid' returns on acquisitions, says Oppenheimer After Spruce Point Capital issued a negative report on Ametek, Oppenheimer offered a response and kept an Outperform rating on the stock. Opco says Ametek earns "solid" returns on acquisitions while its inventory turns remain consistent with historical levels. The firm says the report contains "arbitrary correlations." Shares of Ametek are down 4% to $50.13 in afternoon trading.