Frankfurt/Main – the listed American AMETEK, Inc., a leading worldwide provider of electronic measuring instruments and electromechanical devices, has acquired all shares in Motec GmbH, a leading provider of integrated vision systems serving the high growth mobile machine vision market. Details of the transaction value have not been disclosed.
A CMS team led by partner, Dr Heike Wagner, provided AMETEK with cross-border legal advice on all aspects relevant to the transaction including the acquisition of Motec subsidiaries in Denmark, France and Hong Kong. CMS has been mandated on a number of occasions by AMETEK, including the acquisition of the measurement technology company, Luphos GmbH, in Hessen.
AMETEK, Inc. is a leading global manufacturer of electronic instruments and electromechanical devices and listed on the S&P 500 Index at the New York Stock Exchange. With annualized sales of more than USD 4.8 billion the company employs roughly 17,000 employees around the world at more than a 150 locations in 30 countries.
The owner-run Motec GmbH with its registered office in Hadamar-Steinbach, Hessen, provides customers with improved operational efficiency and enhanced safety across a variety of critical mobile machine applications in transportation, agriculture, logistics and construction for more than 25 years. The company joins AMETEK as part of its Electronic Instruments Group (EIG), a leader in advanced analytical, monitoring, testing, calibrating and display instruments with annualized sales of USD 2.9 billion.
Dr Heike Wagner, Lead Partner
Dr Tobias Kilian, Counsel
Dr Florian Plagemann, Senior Associate, all Corporate/M&A
Carsten Domke, Partner
Dr Andreas Hofelich, Partner
Viktoria Afanasjew, Associate, all Labor, Employment & Pensions
Dr Dirk Smielick, Counsel, Intellectual Property
Lars Eckhoff, Partner
Philipp Rohdenburg, Associate, both Commercial Law
Stefan Lehr, Partner, Competition & EU