AMETEK Inc. (NYSE: AME) Berwyn, PA, has acquired Creaform Inc., a manufacturer of portable 3D measurement technologies and a provider of 3D engineering services, for approximately $120 million. Based near Quebec City, Canada, the privately held company has annual sales of about $52 million.
Creaform provides stand-alone portable 3D scanners used in a growing number of applications to create accurate 3D models and measurements of a wide range of objects. Its products include several families of handheld 3D scanners, portable coordinate measuring machines and related accessories that are widely used in reverse engineering, dimensional inspection, precision manufacturing, non-destructive testing, automated quality control and 3D printing.
"(Creaform) 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," Frank S. Hermance, AMETEK CEO, said.
Creaform has its headquarters and manufacturing operations in Levis, Quebec. It operates innovation centers in Levis and Grenoble, France, and has direct sales operations in the U.S., France, Germany, China, Japan and India. It joins AMETEK as part of its electronic instruments group.
