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4-Traders Homepage  >  Equities  >  Nyse  >  IDEX Corporation    IEX

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IDEX : Announces Close of CVI Acquisition

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06/10/2011 | 10:35pm CEST

IDEX Corporation (NYSE: IEX) announced today that it closed the acquisition of CVI Melles Griot. The Company previously announced that it had entered into a definitive purchase agreement by press release on May, 11 2011.

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".

For further information on IDEX Corporation and its business units, visit the company's Web site at www.idexcorp.com.

IDEX Corporation
Investor Contact:
Heath Mitts
Vice President ? Chief Financial Officer
(847) 498-7070


© Business Wire 2011
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Financials ($)
Sales 2017 2 210 M
EBIT 2017 484 M
Net income 2017 312 M
Debt 2017 577 M
Yield 2017 1,15%
P/E ratio 2017 27,84
P/E ratio 2018 25,64
EV / Sales 2017 4,15x
EV / Sales 2018 3,82x
Capitalization 8 600 M
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Mean consensus HOLD
Number of Analysts 15
Average target price 101 $
Spread / Average Target -10%
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Managers
NameTitle
Andrew K. Silvernail Chairman, President & Chief Executive Officer
Eric D. Ashleman Chief Operating Officer & Senior Vice President
William K. Grogan Chief Financial Officer & Senior Vice President
James P. MacLennan Chief Information Officer & Senior Vice President
William M. Cook Lead Independent Director
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