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Share Name | Share Symbol | Market | Type |
---|---|---|---|
IDEX Corporation | NYSE:IEX | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.21 | -0.10% | 220.42 | 222.41 | 219.23 | 222.41 | 405,391 | 21:23:11 |
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”.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160831005665/en/
IDEX CorporationHeath A. MittsSenior Vice President –Chief Financial Officer847.498.7070
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