IDEX Corporation acquired Muon Group (Muon B.V.), a transaction completed in November 2022, structured as all cash (stock acquisition).
Muon Group (Muon B.V.) operates in Health & Science Technologies (Scientific Fluidics & Optics), is based in Hapert, the Netherlands (operations across NL, UK, India). Manufactures highly precise flow paths in a variety of materials that enable the movement of various liquids and gases in critical applications for medical, semiconductor, food processing, digital printing and filtration technologies. Operations in Hapert, Eerbeek and Wijchen (Netherlands), Dorset (England) and Pune (India).
Scientific Fluidics & Optics reporting unit within the HST segment
On November 18, 2022, the Company acquired the stock of Muon B.V. and its subsidiaries (“Muon Group”). Muon Group manufactures highly precise flow paths in a variety of materials that enable the movement of various liquids and gases in critical applications for medical, semiconductor, food processing, digital printing and filtration technologies.
Advisory firms were not disclosed for this transaction.