IDEX Corporation acquired Periflo for $4.3 million (cash), a transaction completed in September 2010, structured as all cash (asset acquisition). The deal was a Asset purchase.
Periflo operates in Fluid & Metering Technologies (Water), is based in Loveland, Ohio, USA, had revenue of about approximately $3.5 million annual revenue. Leading provider of peristaltic pumps for the industrial and municipal water & waste water markets; offers a complete family of peristaltic hose pumps. Headquartered in Loveland, Ohio.
Fluid & Metering Technologies segment (Water reporting unit)
On September 17, 2010, the Company acquired the assets of Periflo, a leading provider of peristaltic pumps for the industrial and municipal water & waste water markets.
Advisory firms were not disclosed for this transaction.