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Slide #13. IDEX Corporation — Aegis Flow Technologies
IDEX Corporation (NYSE:IEX)
Aegis Flow Technologies
IDEX Corporation (NYSE:IEX) announced today the acquisition of Aegis Flow Technologies ("Aegis"), a leader in the design, manufacture and sale of specialty chemical processing valves for use in the chemical, petro-chemical, chlor-alkali, pharmaceutical, semiconductor and pulp/paper industries.
IDEX is an applied solutions business that sells pumps, valves, flow meters and other fluidics systems and components and engineered products. Co.'s segments are: Fluid and Metering Technologies, which designs, produces and distributes positive displacement pumps, flow meters, injectors and other fluid-handling pump modules and systems; Health and Science Technologies, which designs, produces and distributes fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems; and Fire and Safety/Diversified Products, which designs, produces and distributes firefighting pumps, valves and controls, rescue tools, and lifting bags.
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Buy (3.00 out of 4)
(ranked lower than approx. 60% of all stocks covered)
Based on Zacks ABR data;
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