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IDEX Corp. (IEX) Enters Agreement to Acquire AWG in EUR 46M Deal

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IDEX Corporation to Acquire AWG

May 16, 2016 8:00 AM EDT

LAKE FOREST, Ill.--(BUSINESS WIRE)-- IDEX CORPORATION (NYSE: IEX) announced today that LUKAS Hydraulik GmbH, a subsidiary of IDEX, has entered into a definitive agreement to acquire AWG Fittings GmbH (AWG), a European leader in the manufacturing of safety equipment, for a cash consideration of 46.0 million. AWG produces engineered products for the safety and emergency response markets, including valves, monitors and nozzles,... More