Kymera International completed the acquisition of Reading Alloys from AMETEK for $250m.

Palladium Equity-backed Kymera International, a specialty materials company, completed the acquisition of Reading Alloys, a provider of highly engineered materials, from AMETEK, a global manufacturer of electronic instruments and electromechanical devices, for $250m. "As part of our strategic portfolio review process, we have made the decision to divest our Reading Alloys business. Reading Alloys is well-positioned for continued strong growth, given its leading market positions and differentiated manufacturing capabilities. We would like to thank the Reading Alloys team for their tremendous contributions to AMETEK and wish them continued success," David A. Zapico, AMETEK Chairman, and CEO.