Page 16 - AMETEK 2018 Annual Report FINAL

Strategic Acquisitions

AMETEK seeks to deploy its
strong free cash flow on highly
differentiated businesses with
leading positions in niche

markets.

2018 was an outstanding year on the acquisition
front. AMETEK deployed a record $1.1 billion on
six strategic acquisitions, adding approximately
$350 million in annual sales.

To support AMETEK’s acquisition strategy, the
company employs an experienced, dedicated
team that works closely with AMETEK’s
businesses to strategically identify attractive
acquisition opportunities in core and adjacent
markets. Once a candidate is identified, the
team conducts a thorough and well-defined due
diligence process to evaluate an acquisition’s
strategic fit with AMETEK. Finally, AMETEK has
a proven and robust integration process that
focuses on seamlessly integrating acquired
businesses into AMETEK’s systems, improving
sales and operating performance, and driving
excellent returns on capital.
This approach, coupled with the power
of AMETEK’s Growth Model, has yielded
tremendous results over time and has helped
establish AMETEK as a proven acquirer.

$1,129

$748

$539 $574 $587
$474
$414 $391
$356

$73
09 10 11 12 13 14 15 16 17 18
Capital Deployed
on Acquisitions
(In millions)

14 Strategic Acquisitions

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