Berwyn, Pa.-based AMETEK recently acquired Global Tubes, a manufacturer of high-precision small-diameter metal tubing, for about $200 million. AMETEK noted Global Tubes has annual sales of about $120 million. Global Tubes is comprised of two businesses: United Kingdom-based Fine Tubes and Collegeville, Pa.-based Superior Tube.
Global Tubes manufactures highly customized metal tubing from a wide variety of metals and alloys, including stainless steel, nickel, zirconium and titanium. Its products are used in highly engineered applications serving the aerospace, energy, power generation and medical markets.