UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report: March 17, 2016
(Date of earliest event reported)
IDEX CORPORATION
(Exact name of registrant as specified in its charter)
Delaware | 1-10235 | 36-3555336 | ||
(State or other jurisdiction | (Commission File Number) | (IRS Employer | ||
of incorporation) | Identification No.) | |||
1925 W. Field Court
Lake Forest, Illinois 60045
(Address of principal executive offices, including zip code)
(847) 498-7070
(Registrant’s telephone number, including area code)
Check the appropriate box below 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 8.01 - Other Events.
On March 17, 2016, the Company issued a press release announcing the completion of the acquisition of Akron Brass Holding Corporation. A copy of the press release relating to the transaction is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 - Financial Statements and Exhibits.
(d) | Exhibits |
99.1 | Press release dated March 17, 2016 | |
SIGNATURES
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.
IDEX CORPORATION | |||
Date: March 18, 2016 | By: | /s/ HEATH A. MITTS | |
Heath A. Mitts | |||
Senior Vice President and Chief Financial Officer | |||
EXHIBIT NO | DESCRIPTION | ||
99.1 | Press release dated March 17, 2016 | ||
Exhibit 99.1
TRADED: NYSE (IEX)
For further information, contact:
Heath A. Mitts
Senior Vice President -Chief Financial Officer
847.498.7070
FOR IMMEDIATE RELEASE
Thursday, March 17, 2016
IDEX CORPORATION COMPLETES ACQUISITION OF AKRON BRASS
Lake Forest, IL, March 17, 2016 - IDEX CORPORATION (NYSE:IEX) announced today that it has completed the previously announced acquisition of Akron Brass Holding Corporation (the “Company”) in an all cash transaction for $224.2 million on a cash-free, debt-free basis, subject to customary post-closing adjustments.
Operating under the Akron Brass and Weldon brand names, the Company produces a large array of engineered life-safety products for the safety and emergency response markets, including apparatus valves, monitors, nozzles, specialty lighting, electronic vehicle-control systems and firefighting hand tools.
Commenting on the acquisition, Andy Silvernail, Chairman and Chief Executive Officer of IDEX Corporation said, “We are thrilled to announce the closing of the Akron Brass transaction. Akron Brass is a natural addition to our Fire & Safety/Diversified Segment and will provide our customers in the global firefighting industry with an expanded offering of world-class products and solutions.”
About IDEX
IDEX Corporation is an applied solutions company specializing in fluid and metering technologies, health and science technologies, and fire, safety and other diversified products built to its customers’ exacting specifications. IDEX has annual revenues in excess of $2 billion and sells its products 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”.