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AMETEK Announces Agreement To Sell Reading Alloys To Kymera International For $250M In Cash

AMETEK, Inc. (NYSE:AME) today announced that it has signed a definitive agreement for the sale of its Reading Alloys business to Kymera International, a leading specialty materials company that is owned by affiliates of

Benzinga · 01/07/2020 13:15

AMETEK, Inc. (NYSE:AME) today announced that it has signed a definitive agreement for the sale of its Reading Alloys business to Kymera International, a leading specialty materials company that is owned by affiliates of Palladium Equity Partners, LLC.

Founded in 1953, Reading Alloys is a leading provider of highly engineered materials for mission critical applications in the aerospace, defense, medical and industrial markets. The company's products include master alloys, thermal barrier coatings and titanium powders.