About This Deal

AMETEK acquired Sunpower for part of $747.7 million across seven 2012 businesses, a transaction completed in December 2012, structured as All-cash.

Sunpower operates in EIG. A leader in the development of Stirling cycle cryocoolers and externally heated Stirling engine technology for medical, scientific, telecommunication and space applications, acquired in December 2012.

Sunpower's cryogenic cooling technology provides a critical enabling technology for use in the company's ORTEC Detective family of portable radiation identifiers.

EIG

Deal Terms

Acquirer
AMETEK
Target
Sunpower
Value
Part of $747.7 million across seven 2012 businesses
Date
December 2012
Type
Full acquisition
Status
Ready

Transaction Details

Segment
EIG
Structure
All-cash
Closed
December 1, 2012

In Their Words

A leader in the development of Stirling cycle cryocoolers and externally heated Stirling engine technology for medical, scientific, telecommunication and space applications, acquired in December 2012.AMETEK FY2012 10-K, Item 1 Business / Acquisitions note

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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