FARO Technologies Shareholders Approve Merger with AMETEK, Transaction Expected to Close in 2025

Reuters
2025.07.15 20:05
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FARO Technologies, Inc. shareholders have approved the merger with AMETEK, Inc., with over 99% voting in favor. Each FARO shareholder will receive $44 in cash per share upon completion, expected in the second half of 2025, pending regulatory approvals. Evercore is the financial advisor, and Foley & Lardner LLP is the legal advisor for FARO.

FARO Technologies, Inc. has announced that its shareholders have overwhelmingly approved the proposed merger with AMETEK, Inc. At a Special Meeting, over 99% of votes cast by shareholders were in favor of the merger agreement. Upon completion of the merger, FARO shareholders will receive $44 in cash for each share of FARO common stock. The transaction is expected to close in the second half of 2025, pending customary closing conditions and regulatory approvals. Evercore is serving as the exclusive financial advisor, with Foley & Lardner LLP acting as legal advisor to FARO. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FARO Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9494844-en) on July 15, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)