Amtek Engineering Puts Up $210M For Interplex Industries

Law360, New York (March 4, 2014, 7:12 PM EST) -- Singapore-listed Amtek Engineering Ltd. has agreed to acquire New York-based Interplex Industries Inc. in a deal valued at $210 million, creating one of the largest precision engineering companies in the world, Amtek said Tuesday.

Amtek said it has come to an agreement to buy all of the outstanding shares of Interplex for $165 million plus an $11 million deferred payment with up to $34 million in additional payments based on performance goals in fiscal years 2014 to 2016. The deal will be completed through the merger...
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