IDEX Corporation acquired Matcon, a transaction completed in July 2012, structured as all cash (stock acquisition).
Matcon operates in Health & Science Technologies, is based in United Kingdom. Global leader in material processing solutions for high value powders used in the manufacture of pharmaceuticals, food, plastics and fine chemicals; products include the original cone valve powder discharge system and filling, mixing and packaging systems.
Health & Science Technologies segment
On July 20, 2012, the Company acquired the stock of Matcon. Matcon is a global leader in material processing solutions for high value powders used in the manufacture of pharmaceuticals, food, plastics, and fine chemicals.
Advisory firms were not disclosed for this transaction.