FARO Shareholders Approve Merger With AMETEK, Inc.
FARO Technologies shareholders have overwhelmingly approved a merger with AMETEK, Inc. The deal, expected to close in the second half of 2025, will see FARO shareholders receive $44 in cash for each share. The buyer's identity remains unknown.
At a Special Meeting, over 99% of votes cast supported the merger agreement. The transaction is subject to customary closing conditions and is anticipated to conclude in the latter half of 2025. Despite the approval, the buyer's identity has not been disclosed, with no further information available at this time.
The FARO Technologies acquisition by AMETEK, Inc. has been greenlit by shareholders. While the buyer remains unidentified, the deal's closure is expected in the second half of 2025, with FARO shareholders set to receive $44 per share.
