Enpro Inc. completes acquisition of Advanced Micro Instruments
Enpro Inc., an industrial technology company, announced it has completed the previously announced acquisition of Advanced Micro Instruments Inc. (AMI), a provider of highly-engineered, application-specific analyzers and sensing technologies that monitor critical parameters to ensure infrastructure integrity, enable process efficiency, enhance safety and facilitate the clean energy transition.
The acquisition was completed on January 29, 2024 and funded using available cash.
AMI will be included in the Sealing Technologies segment, broadening the segment’s portfolio of products and solutions that safeguard critical environments and is expected to be accretive to segment revenue growth and profitability, in addition to Enpro’s adjusted diluted earnings per share.
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