Foley Represents FARO Technologies in $920M Acquisition by AMETEK
2 Articles
2 Articles
Foley Represents FARO Technologies in $920M Acquisition by AMETEK
Foley & Lardner LLP represented FARO Technologies, Inc. (NASDAQ: FARO), a leading provider of 3D measurement and imaging solutions, in its definitive agreement to be acquired by AMETEK, Inc. (NYSE: AME).FARO’s outstanding shares will be acquired by AMETEK at $44 per share in cash, valuing FARO at an enterprise value of approximately $920 million. The boards of directors of both companies have unanimously approved the transaction, the closing of …
AMETEK to Acquire FARO Technologies in $920 Million Deal
BERWYN, PA — AMETEK, Inc. (NYSE: AME) has announced a definitive agreement to acquire FARO Technologies, Inc. (Nasdaq: FARO) in a deal valued at approximately $920 million. Under the agreement, AMETEK will purchase all outstanding shares of FARO Technologies’ common stock for $44 per share in cash, representing a 40% premium to FARO’s closing share price on May 5, 2025. FARO Technologies, a Florida-based leader in 3D measurement and imaging solu…
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