IDEX Corporation acquired Fitzpatrick for approximately $20.3 million (cash), a transaction completed in November 2010, structured as all cash (stock acquisition).
Fitzpatrick operates in Health & Science Technologies, is based in Elmhurst, Illinois, USA. Global leader in the design and manufacture of process technologies for the pharmaceutical, food and personal care markets; manufactures customized size reduction, roll compaction and drying systems. Headquartered in Elmhurst, Illinois.
Expands the capability of IDEX's Quadro Engineering business with coarse particle sizing, roll compaction and drying. Health & Science Technologies segment (MPT platform)
On November 1, 2010, the Company acquired the stock of Fitzpatrick, a global leader in the design and manufacture of process technologies for the pharmaceutical, food and personal care markets.
Advisory firms were not disclosed for this transaction.