AMETEK Announces Agreement to Acquire Paragon Medical

AMETEK, Inc. (NYSE: AME) announces that it has entered into a definitive agreement to acquire Paragon Medical, a leading provider of highly engineered medical components and instruments, from affiliates of American Securities LLC in an all-cash transaction valued at approximately $1.9 billion. Paragon Medical serves a wide range of specialty applications including orthopedics, minimally invasive surgery, robotic surgery, and drug delivery. Paragon’s product portfolio includes single-use and consumable surgical instruments and implantable components sold to a diverse blue-chip customer base of leading medical device manufacturers.

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Source: https://www.prnewswire.com/news-releases/ametek-announces-agreement-to-acquire-paragon-medical-301971857.html

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