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Mar 11, 2021ACQUISITIONUnited States

Hillenbrand completes sale of ABEL Pumps to IDEX Corporation

Hillenbrand completed the sale of Abel Pumps, L.P. and affiliates to IDEX Corporation, generating cash proceeds of about $103.5 million. The agreement was originally announced on January 11, 2021.

Value

$103.5M

Status

Completed

Productspumps

CompaniesHillenbrand partner IDEX Corporation acquirer Abel Pumps target

Sectors#Pumps and Valves

“The sale closed in accordance with the terms of the Share and Interest Purchase and Transfer Agreement with IDEX”prnewswire.com

1 source
prnewswire.comHillenbrand Completes Sale of ABEL Pumps to IDEX CorporationMar 11, 2021

Summarized from public sources; check the original articles before acting on it.

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Hillenbrand completes sale of ABEL Pumps to IDEX Corporation · Endata