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Idex Corporation To Acquire Kzvalve Business, Expanding Solutions For Agriculture & Industrial Applications

Mar 30, 2022•over 3 years ago

Acquiring Company

IDEX Corporation

Acquired Company

KZValve Business

NorthbrookManufacturingConsumer Goods

Description

IDEX Corporation (NYSE:IEX) today announced that it has entered into a definitive agreement to acquire KZ CO. (“KZValve”), a leading manufacturer of electric valves and controllers used primarily in the agriculture market.

Company Information

Company

IDEX Corporation

Location

Northbrook, Illinois, United States

About

IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed