Curtiss-Wright Corporation announced that it has acquired the Versatile Measuring Instruments (VMI) and Lisle-Metrix (L-M) product lines from the Amidyne Group for approximately USD 7 million. The VMI and L-M product lines serve the commercial nuclear power market, and consist of original equipment and re-engineered replacement products for obsolete equipment. The company will integrate both product lines into its Flow Control business segment.
“The acquisition of the VMI and L-M product lines is a strong strategic fit with our existing Instrumentation and Controls business, which provides nuclear grade analog process control instrumentation to support the current installed base of operating reactors,” said Martin R. Benante, Chairman and CEO of Curtiss-Wright Corporation. “Both product lines add complementary capabilities for panel meters, conductivity analyzers, timers and relays. Curtiss-Wright’s sales and marketing channel focuses on driving aftermarket business with North American nuclear plants, while also developing opportunities for profitable growth in the area of obsolescence solutions for the worldwide process control market.”