AMETEK acquires Creaform
Canadian hand-held 3D scanner firm to join US-based corporation.Comments Off on AMETEK acquires Creaform
US-based electronic instruments and electro-mechanical device manufacturer, AMETEK, Inc. announced that it has acquired Canadian 3D scanner maker Creaform, Inc for approximately $120 million. Based near Québec City, the privately held company has annual sales of approximately $52 million.
Best known for its Handyscan line of portable 3D scanners, Creaform also produces high-end metrology products such as its line of portable and robot-mounted coordinate measuring machines (CMM) and its entry-level Go!SCAN 3D scanner. In addition, Creaform has recently expanded into related engineering services, including product development, reverse engineering and CFD/FEA analysis.
“Creaform is an outstanding acquisition,” Frank S. Hermance, AMETEK Chairman and CEO. “It has an impressive R&D base and an industry-leading position across a number of high growth market applications. Creaform significantly expands the range of non-contact metrology products offered by our Ultra Precision Technology business.”
Creaform has its headquarters and manufacturing operations in Lévis, Québec. It operates innovation centers in Lévis and Grenoble, France, and has direct sales operations in the United States, France, Germany, China, Japan and India. It will join AMETEK as part of its Electronic Instruments Group (EIG), which handles its monitoring, testing, calibrating, and display instruments, with 2012 sales of $1.9 billion.