AMETEK Inc announced completion of its acquisition of the Repair & Overhaul Division of Umeco plc of which Avionics Mobile Services is a subsidiary. The sale of the Repair & Overhaul Division of Umeco plc is worth an estimated $74 million (£36 million). Umeco R&O, which has estimated 2007 sales of $58 million (£28 million), is the leading independent provider of maintenance, repair and overhaul services to the UK aviation industry.

"The acquisition of Umeco R&O continues AMETEK's expansion in third party maintenance, repair and overhaul (MRO) services. Umeco R&O provides us with a strong presence in the European MRO market, greatly expanding the range of products and airframe platforms that we are now able to support. This acquisition, coupled with AMETEK's recent acquisitions of Southern Aeroparts and B&S Aircraft Parts, establishes a global MRO platform for AMETEK," notes Frank S. Hermance, AMETEK Chairman and Chief Executive Officer.