IDEX Corporation acquired SFC Koenig AG for $241.1 million ($215.9M EUR equivalent), a transaction completed in August 2016, structured as all cash (stock acquisition).
SFC Koenig AG operates in Health & Science Technologies, is based in Dietikon, Switzerland, had revenue of about approximately $63 million annual revenue. Producer of highly engineered expanders and check valves for critical applications across the transportation, hydraulic, aviation and medical markets. Headquartered in Dietikon, Switzerland.
Health & Science Technologies segment
On August 31, 2016, the Company acquired the stock of SFC Koenig AG (“SFC Koenig”), a producer of highly engineered expanders and check valves for critical applications across the transportation, hydraulic, aviation and medical markets.
Advisory firms were not disclosed for this transaction.