AMETEK completed the acquisition of Paragon Medical from American Securities for $1.9bn.

AMETEK, a provider of industrial technology solutions, completed the acquisition of Paragon Medical, a provider of highly engineered medical components and instruments, from American Securities, a private equity firm, for $1.9bn. "We are excited to welcome the Paragon team to AMETEK. Paragon's outstanding capabilities and market leadership align seamlessly with AMETEK's commitment to delivering high-performance solutions, further broadening our presence in the attractive MedTech industry," David A. Zapico, AMETEK Chairman and CEO.