secwatch.observer — SEC 8-K summary
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Issuer:     IDEX CORP /DE/ (IEX)
CIK:        0000832101
Form:       8-K
Filed at:   2022-09-13T23:59:59+00:00
Accession:  0000832101-22-000049
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDEX acquires Muon Group for €700M to expand precision tech platform
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- All-cash deal valued at €700 million; expected close in Q4 2022 subject to regulatory approvals.
- Muon expected FY2022 sales ~€140 million with EBITDA margins of ~33%.
- Acquisition funded by cash on hand and IDEX's revolving credit facility.
- Muon will join IDEX's Health & Science Technology segment (Scientific Fluidics & Optics group).
- Muon Group privately held by Rivean Capital; includes brands LouwersHanique, Veco, Millux, Tecan, Atul.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/832101/000083210122000049/0000832101-22-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/832101/000083210122000049/iex-20220913.htm
  HTML page:      https://secwatch.observer/filing/0000832101-22-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer