IDEX Corporation acquired Fitzpatrick for approximately $20.3 million (cash), a transaction completed in November 2010, structured as all cash (stock acquisition).
Fitzpatrick operates in Health & Science Technologies, is based in Elmhurst, Illinois, USA. Global leader in the design and manufacture of process technologies for the pharmaceutical, food and personal care markets; manufactures customized size reduction, roll compaction and drying systems. Headquartered in Elmhurst, Illinois.
Expands the capability of IDEX's Quadro Engineering business by adding coarse particle sizing, roll compaction and drying systems.
Expands the capability of IDEX's Quadro Engineering business with coarse particle sizing, roll compaction and drying. Health & Science Technologies segment (MPT platform)
On November 1, 2010, the Company acquired the stock of Fitzpatrick, a global leader in the design and manufacture of process technologies for the pharmaceutical, food and personal care markets.
Advisory firms were not disclosed for this transaction.