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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report: February 14, 2007
(Date of earliest event reported)
IDEX CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware
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1-10235
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36-3555336 |
(State of
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(Commission File Number)
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(IRS Employer |
Incorporation)
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Identification No.) |
630 Dundee Road
Northbrook, Illinois 60062
(Address of principal executive offices, including zip code)
(847) 498-7070
(Registrants telephone number, including area code)
Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
On February 14, 2007, IDEX Corporation issued a press release announcing the acquisition of
Faure Herman SA, a leading provider of ultrasonic and helical turbine flow meters used in the
custody transfer and control of high value fluids and gases. A copy of the press release is
furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press release dated February 14, 2007
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.
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IDEX CORPORATION
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By: |
/s/ Dominic A. Romeo
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Dominic A. Romeo |
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Vice President and Chief Financial Officer |
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February 16, 2007
Exhibit Index
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Exhibit |
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Number |
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Description |
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99.1
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Press release dated February 14, 2007 |
exv99w1
EXHIBIT 99.1
IDEX CORPORATION ACQUIRES FAURE HERMAN SA
NORTHBROOK, IL, February 14, 2007 IDEX Corporation (NYSE: IEX) today announced the
acquisition of Faure Herman SA, a leading provider of ultrasonic and helical turbine flow meters
used in the custody transfer and control of high value fluids and gases. Headquartered in La Ferté
Bernard, France, with sales offices in Europe and North America, Faure Herman has revenues of
approximately $17 million euro ($22 million USD). Faure Hermans products include the Heliflu
Turbine meter and the FH8500 Ultrasonic Meter, both of which are the technology of choice in the
oil, gas and refined fuels industries and are recognized by their customers for precision and
accuracy. Faure Herman will be operated as part of the companys Liquid Controls business within
its Fluid & Metering Technologies segment. Terms of the transaction were not disclosed.
Commenting on the acquisition, IDEX Chairman and Chief Executive Officer Larry Kingsley said, We
are extremely pleased by Faure Hermans decision to become part of IDEX. Faure Herman is a
technology leader in this exciting and growing market, and the highly precise nature of their
products and strong regional brand recognition will add significantly to our precision metering
capability. Liquid Controls President Kevin Hostetler added, The acquisition of Faure Herman
dovetails nicely with the new controls platform we acquired with Toptech Systems and will enable
our continued growth in Europe. Most significantly, Faure Herman will enhance our ability to
support our customers in their desire to move, measure, and dispense high-value fluids anywhere in
the world.
Faure Herman Managing Director Philippe Brel stated, We are excited to become a part of IDEX and
its Fluid and Metering Technologies business. IDEX is a recognized leader in applied engineered
solutions and Liquid Controls is the premiere brand in the custody transfer and control markets.
We will now have a global footprint and the technology which will enable us to provide our
customers with a complete end-to-end solution ensuring the safe, productive and energy efficient
transfer of all custody control fluids.
About IDEX
IDEX Corporation is an applied solutions company specializing in fluid and metering technologies,
health and science technologies, dispensing equipment, and fire, safety and other diversified
products built to its customers exacting specifications. Its products are sold in niche markets to
a wide range of industries throughout the world. IDEX shares are traded on the New York Stock
Exchange and Chicago Stock Exchange under the symbol IEX.