IDEX Corporation acquired Alfa Valvole S.r.l for $112.6 million ($99.8M EUR equivalent), a transaction completed in June 2015, structured as all cash (stock acquisition).
Alfa Valvole S.r.l operates in Fluid & Metering Technologies, is based in Casorezzo, Italy, had revenue of about approximately $33 million annual revenue. Leader in the design, manufacture and sale of specialty valve products for use in the chemical, petro-chemical, energy and sanitary markets. Located in Casorezzo, Italy.
Fluid & Metering Technologies segment
On June 10, 2015, the Company acquired the stock of Alfa Valvole, S.r.l (“Alfa Valvole”), a leader in the design, manufacture and sale of specialty valve products for use in the chemical, petro-chemical, energy and sanitary markets.
Advisory firms were not disclosed for this transaction.