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Interpump Group acquired 100% of the capital of Italian valve maker Alfa Valvole Srl from U.S.-based IDEX Corporation for a total price of EUR55 million. Alfa Valvole generated about EUR28 million in sales in 2023. The deal was announced on 2024-06-03.
IDEX Corporation agreed to acquire Muon B.V. and its subsidiaries, a Dutch micro-precision flow path manufacturer, for €700 million in cash. Muon serves medical, semiconductor, food processing, digital printing and filtration customers.
IDEX Corporation signed a definitive agreement to acquire KZ Co. (KZValve), a Nebraska maker of electric valves and controllers for agriculture, expected to close in Q2 FY2022.
IDEX Corporation completed its acquisition of Airtech Group, Inc. and US Valve Corporation from EagleTree Capital, adding vacuum pumps, blowers, compressors and valves to its Health & Science Technology segment.
IDEX Corp entered a definitive agreement to acquire Airtech Group Inc and US Valve Corp and related entities from funds managed by EagleTree Capital for $470 million in cash. The deal was reported on 1 April 2021.
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.
IDEX Corporation completed its acquisition of German piston and diaphragm pump maker ABEL GmbH, which has been part of IDEX since March 2021. ABEL will join IDEX's Fluid and Metering Technology segment.
Corken Inc. will expand its Oklahoma City facility and relocate operations from Chicago, consolidating with Liquid Controls under the name Advance Flow Solutions. The plan creates 120 jobs over five years and seeks an incentive of up to $300,000 from the city.
Hillenbrand agreed to sell Abel Pumps L.P. and affiliates to IDEX Corporation for $103.5 million in cash, subject to post-closing adjustments. The deal is expected to close in Hillenbrand's second fiscal quarter.
ABEL GmbH installed a new horizontal machining center (Mori Seiki NHX 6300) at its Büchen, Germany site in December 2019, after renovating part of hall 2 to support it.
IDEX Corporation acquired Velcora Holdings AB, whose businesses include mechanical seal maker Roplan and hygienic mixer and valve maker Steridose, in Q3 2019. The deal complements IDEX's sealing solutions and health and science platforms.
IDEX Corporation announced the acquisition of the intellectual property assets of Phantom Controls, a St. Louis fire-pump control company, which will operate within IDEX Fire & Safety. The deal was announced on June 28, 2018.
