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IDEX Corporation Acquires Alfa Valvole

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LAKE FOREST, Ill.--(BUSINESS WIRE)--IDEX CORPORATION (NYSE:IEX) announced today the acquisition of Alfa Valvole, s.r.l., a leader in the design, manufacture and sale of specialty valve products used in the chemical, petrochemical, energy and sanitary markets. Located in Casorezzo, Italy, Alfa has revenues of approximately €30 million and will operate within the IDEX Fluid & Metering Technologies segment. Alfa was acquired for approximately €102 million and is expected to be accretive to IDE

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