AMETEK to acquire FARO Technologies for $44/share, ~$920M enterprise value

AMETEK INC/

AMETEK will pay $44 per share in cash, a 40% premium to FARO's May 5 closing price.
Enterprise value of approximately $920 million; FARO annual sales ~$340 million.
Transaction unanimously approved by both boards; expected close in H2 2025.
FARO's 3D measurement and imaging solutions will complement AMETEK's Creaform business.
Closing subject to FARO shareholder approval and regulatory clearances.

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