Ametek's Reading Alloys Business
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Ametek's Reading Alloys Business - overview
Established
1953
Location
-, PA, US
Primary Industry
Materials
About
Ametek's Reading Alloys Business focuses on producing high-quality metals and alloys, offering specialized materials essential for advanced manufacturing processes across various industries. Ametek's Reading Alloys Business specializes in high-performance materials, having been founded in 1953 in the US. In January 2020, it was acquired by Kymera International in a transaction valued at USD 250 mn, completed in March 2020. Ametek's Reading Alloys Business provides a range of high-quality materials, including titanium and master alloys, in various forms such as powders and pastes.
Their specialty products are utilized in triple-melted titanium alloys and advanced surface technology solutions, catering to industries focused on sustainability and advanced manufacturing. The revenue model of Ametek's Reading Alloys Business is centered around B2B transactions with diverse clients, including bulk orders of specialized materials. Their offerings include KDF® process media essential for water filtration and titanium master alloys critical for aerospace and automotive applications, with pricing reflecting the premium nature of these products. Following the acquisition by Kymera International, Ametek's Reading Alloys Business aims to expand its product offerings and geographic reach.
The recent funding of USD 250 mn will support the development of new product lines and enhance market presence in North America, Europe, and Asia by 2025. The company is also focused on launching advanced materials tailored for sustainability-focused industries.
Current Investors
Kymera International, LLC
Primary Industry
Materials
Sub Industries
Commodity Chemicals, Steel & Metals
Website
www.readingalloys.com
Verticals
Manufacturing, Research (Non-Medical)
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Ametek's Reading Alloys Business - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Ametek's Reading Alloys Business | - |
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