LAKE FOREST, Ill.--(BUSINESS WIRE)--Aug. 31, 2016--
IDEX Corporation (NYSE:IEX) announced today that it has completed
its previously announced acquisition of SFC KOENIG AG (“SFC KOENIG”).
SFC KOENIG, headquartered in Dietikon, Switzerland, produces highly
engineered expanders and check valves for critical applications across
the transportation, hydraulic, aviation and medical markets.
IDEX Chairman and Chief Executive Officer Andy Silvernail stated: “We
are excited to welcome SFC KOENIG to the IDEX family. SFC KOENIG’s
highly engineered content and deep customer relationships are an
excellent fit with the IDEX operating model. SFC KOENIG will be part of
the IDEX Sealing Solutions Platform within the Health & Science
Technologies Segment and advances our strategic initiative to pursue
acquisition opportunities in the highly engineered fastening and sealing
markets.”
About IDEX
IDEX Corporation is an applied solutions company specializing in fluid
and metering technologies, health and science technologies, and fire,
safety and other diversified products built to its customers’ exacting
specifications. IDEX has annual revenues in excess of $2 billion and
sells its products in niche markets to a wide range of industries
throughout the world. IDEX shares are traded on the New York Stock
Exchange and Chicago Stock Exchange under the symbol “IEX”.
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Source: IDEX Corporation
IDEX Corporation
Heath A. Mitts
Senior Vice President –Chief
Financial Officer
847.498.7070