IDEX Corporation acquired Quadro Engineering, a transaction completed in June 2007, structured as all cash (asset acquisition). The deal was a Asset purchase.
Quadro Engineering operates in Fluid & Metering Technologies, is based in Waterloo, Ontario, Canada, had revenue of about approximately $25 million annual revenue. Leading provider of particle control solutions for the pharmaceutical and bio-pharmaceutical markets; core capabilities in fine milling, emulsification and special handling of liquid and solid particulates. Headquartered in Waterloo, Ontario, Canada.
Fluid & Metering Technologies segment
On June 12, 2007, the Company acquired the assets of Quadro, a leading provider of particle control solutions for the pharmaceutical and bio-pharmaceutical markets.
Advisory firms were not disclosed for this transaction.