Ametek in exclusive talks to acquire part of CD&R-owned firm, WSJ reports (updated)
28/04/2026 20:44
Adds CD&R declined to comment in paragraph 4 April 28 (Reuters) - Industrial tools maker Ametek AME.N is in exclusive talks to acquire the testing and measurement businesses of valve and pump maker Indicor, owned by private equity firm CD&R, the Wall Street Journal reported on Tuesday. A deal for Indicor's testing and measurement businesses would value them at around $5 billion, the report said, citing people familiar with the matter. The companies could agree to a deal in the coming weeks, but talks could still fall apart, the report said. CD&R declined to comment, while Ametek did not respond to Reuters' request for comment. (Reporting by Koyena Das in Bengaluru; Editing by Jonathan Ananda and Tasim Zahid) ((koyena.das@thomsonreuters.com))