---
schema_version: "secwatch.filing_event.v1"
accession: "0000832101-24-000035"
form_type: "8-K"
ticker: "IEX"
cik: "0000832101"
company_name: "IDEX CORP /DE/"
filed_at: "2024-07-23T23:59:59+00:00"
generated_at: "2026-05-31T18:21:39.109947+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# IDEX to acquire Mott Corporation for $1B cash to strengthen applied materials science capabilities

## Summary
- Net transaction value ~$900M after $100M PV of expected tax benefits; 19x forecasted 2024 EBITDA (low-20s margin).
- Mott expected to generate ~$200M revenue in 2024; deal expected to close by end of Q3 2024 subject to regulatory approvals.
- Transaction expected to be accretive to adjusted EPS in fiscal 2026; funded via cash, credit facility, and potential debt.
- Mott will join IDEX Health & Science Technologies segment; adds semiconductor, energy transition, medtech, and space/defense exposure.
- IDEX expects synergies through 80/20 operating model and commercial growth over three years.

## SEC filing metadata
- accession: 0000832101-24-000035
- form_type: 8-K
- ticker: IEX
- cik: 0000832101
- company_name: IDEX CORP /DE/
- filed_at: 2024-07-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/832101/000083210124000035/0000832101-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832101/000083210124000035/iex-20240723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832101-24-000035
- JSON: https://secwatch.observer/filing/0000832101-24-000035.json
- Plain text: https://secwatch.observer/filing/0000832101-24-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.