About This Deal

IDEX Corporation acquired Precision Polymer Engineering (PPE, formerly Seals Ltd), a transaction completed in April 2010, structured as all cash (stock acquisition).

Precision Polymer Engineering (PPE, formerly Seals Ltd) operates in Health & Science Technologies (Sealing Solutions), is based in Blackburn, England. Leading provider of proprietary high performance seals and advanced sealing solutions for analytical instrumentation, semiconductor/solar and process technologies; consists of the Polymer Engineering and Perlast divisions.

Health & Science Technologies segment (Sealing Solutions platform)

Deal Terms

Acquirer
IDEX Corporation
Target
Precision Polymer Engineering (PPE, formerly Seals Ltd)
Value
Not disclosed
Date
April 2010
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Blackburn, England
Segment
Health & Science Technologies (Sealing Solutions)
Structure
All cash (stock acquisition)
Announced
April 15, 2010
Closed
April 15, 2010

In Their Words

On April 15, 2010, the Company acquired the stock of PPE, previously referred to as Seals, Ltd, a leading provider of proprietary high performance seals and advanced sealing solutions for a diverse range of global industries.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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