Enpro Inc (NYSE: NPO) penned a deal to acquire Advanced Micro Instruments, Inc. for $210 million in cash. AMI provides application-specific analyzers and sensing technologies that monitor critical parameters to maintain infrastructure integrity, enable process efficiency, enhance safety, and facilitate the clean energy transition. The deal price represents around 13x of normalized 2023 EBITDA. Post ...Full story available on Benzinga.com
AMI is a California-based industrial firm that manufactures products such as oxygen analyzers and deficiency monitors for sectors such as aerospace and biogas.