IDEX Corporation acquired Gast Manufacturing Corporation for $118.1 million, a transaction completed in January 1998, structured as all cash (stock purchase).
Gast Manufacturing Corporation operates in Health & Science Technologies (later), is based in Benton Harbor, Michigan, USA. Manufacturer of air-moving products including compressors and vacuum pumps; IDEX purchased the common stock of Gast Manufacturing Corporation on January 21, 1998.
Gast business unit
Advisory firms were not disclosed for this transaction.