IDEX Corporation Signs Agreement to Acquire Novotema

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LAKE FOREST, Ill.--(BUSINESS WIRE)--IDEX CORPORATION (NYSE:IEX) announced today that it entered into an agreement to acquire 100% of the outstanding shares of Novotema, SpA, a leader in the design, manufacture and sale of specialty sealing solutions for use in the building products, gas control, transportation, industrial and water markets. The transaction is expected to close within 45 days, pending regulatory approval. Located in Villango, Italy, Novotema has revenues of approximately €30 mil

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