Announced
Completed
Financials
Tags
Domestic
Private
Acquisition
Majority
Private Equity
Single Bidder
ceramics
Friendly
Machinery: Industrial
material science
United States
Completed
Synopsis
IDEX, a provider of applied solutions and serves niche markets, completed the acquisition of STC Material Solutions, an integrated provider of advanced material science solutions from Artemis, a fund manager, for $206m. “STC Material Solutions fits our growth strategy well, with strong IDEX qualities, including great teams with technical and domain expertise who develop and build highly-engineered products that command a premium. STC expands our growing material science expertise, affording opportunities to collaborate with other IDEX critical components businesses on comprehensive solution sets for customers,” Eric Ashleman, IDEX CEO and President.
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